Total Clarity Wealth Management Inc. Grows Holdings in Linde PLC $LIN

Total Clarity Wealth Management Inc. boosted its holdings in Linde PLC (NASDAQ:LIN) by 9.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,170 shares of the basic materials company’s stock after purchasing an additional 195 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Linde were worth $1,018,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Vest Financial LLC raised its position in Linde by 0.3% in the 2nd quarter. Vest Financial LLC now owns 141,423 shares of the basic materials company’s stock valued at $66,353,000 after purchasing an additional 491 shares during the last quarter. Clarendon Private LLC raised its position in Linde by 1.0% in the 2nd quarter. Clarendon Private LLC now owns 2,273 shares of the basic materials company’s stock valued at $1,066,000 after purchasing an additional 22 shares during the last quarter. Mitchell Sinkler & Starr PA raised its position in Linde by 1.9% in the 2nd quarter. Mitchell Sinkler & Starr PA now owns 1,192 shares of the basic materials company’s stock valued at $559,000 after purchasing an additional 22 shares during the last quarter. CWM LLC raised its position in Linde by 2.1% in the 2nd quarter. CWM LLC now owns 11,417 shares of the basic materials company’s stock valued at $5,357,000 after purchasing an additional 233 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its position in Linde by 14.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 57,814 shares of the basic materials company’s stock valued at $27,132,000 after purchasing an additional 7,401 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of LIN opened at $453.82 on Monday. The company has a 50-day simple moving average of $474.45 and a 200-day simple moving average of $464.51. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $212.80 billion, a PE ratio of 32.28, a P/E/G ratio of 3.00 and a beta of 0.93. Linde PLC has a 52-week low of $408.65 and a 52-week high of $487.49.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.06. The business had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. Linde had a net margin of 20.20% and a return on equity of 19.09%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.85 EPS. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Equities research analysts predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a $1.50 dividend. 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 currently 42.67%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on LIN. Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. UBS Group cut their price objective on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Finally, Citigroup upped their price objective on shares of Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Linde currently has a consensus rating of “Buy” and an average target price of $520.00.

Insider Activity

In other news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the transaction, the director owned 480,543 shares in the company, valued at $227,479,445.34. This trade represents a 9.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by corporate insiders.

About Linde

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.