Community Financial Services Group LLC Has $7.12 Million Stock Holdings in Linde PLC $LIN

Community Financial Services Group LLC grew its position in shares of Linde PLC (NASDAQ:LIN) by 2.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,181 shares of the basic materials company’s stock after acquiring an additional 303 shares during the quarter. Linde accounts for 1.4% of Community Financial Services Group LLC’s holdings, making the stock its 25th biggest position. Community Financial Services Group LLC’s holdings in Linde were worth $7,123,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Breakwater Capital Group raised its holdings in shares of Linde by 2.3% during the 2nd quarter. Breakwater Capital Group now owns 980 shares of the basic materials company’s stock worth $460,000 after buying an additional 22 shares in the last quarter. Strategy Asset Managers LLC grew its position in Linde by 2.8% in the first quarter. Strategy Asset Managers LLC now owns 834 shares of the basic materials company’s stock valued at $388,000 after acquiring an additional 23 shares during the last quarter. Diversify Advisory Services LLC raised its stake in Linde by 2.5% during the first quarter. Diversify Advisory Services LLC now owns 999 shares of the basic materials company’s stock worth $450,000 after acquiring an additional 24 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Linde by 0.8% in the first quarter. IFP Advisors Inc now owns 3,207 shares of the basic materials company’s stock worth $1,493,000 after acquiring an additional 24 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. lifted its holdings in shares of Linde by 3.0% in the first quarter. Richards Merrill & Peterson Inc. now owns 816 shares of the basic materials company’s stock worth $380,000 after acquiring an additional 24 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LIN has been the topic of several research reports. UBS Group lifted their price target on shares of Linde from $485.00 to $504.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Citigroup raised shares of Linde from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $500.00 to $535.00 in a research note on Monday, June 30th. JPMorgan Chase & Co. increased their price target on Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, Royal Bank Of Canada assumed coverage on Linde in a research report on Friday, June 13th. They set an “outperform” rating and a $576.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $519.63.

Insider Activity at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total value of $23,815,274.42. Following the sale, the director directly owned 480,543 shares in the company, valued at $227,479,445.34. This represents a 9.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Linde Price Performance

LIN stock opened at $466.81 on Thursday. The company has a fifty day moving average price of $474.74 and a 200-day moving average price of $464.21. The company has a market capitalization of $218.89 billion, a P/E ratio of 33.20, a PEG ratio of 3.14 and a beta of 0.94. Linde PLC has a 52-week low of $408.65 and a 52-week high of $487.49. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping the consensus estimate of $4.03 by $0.06. The company had revenue of $8.50 billion for the quarter, compared to analysts’ expectations of $8.35 billion. Linde had a net margin of 20.20% and a return on equity of 19.09%. Linde’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.85 earnings per share. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. As a group, equities analysts expect that Linde PLC will post 16.54 EPS for the current year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 4th. Linde’s dividend payout ratio (DPR) is 42.67%.

Linde Company Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.