KCM Investment Advisors LLC Has $6.78 Million Stock Holdings in Linde PLC $LIN

KCM Investment Advisors LLC decreased its holdings in shares of Linde PLC (NASDAQ:LIN) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,447 shares of the basic materials company’s stock after selling 133 shares during the period. KCM Investment Advisors LLC’s holdings in Linde were worth $6,778,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new stake in Linde in the fourth quarter valued at $2,752,000. Revolve Wealth Partners LLC lifted its holdings in shares of Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after acquiring an additional 96 shares during the period. Linden Thomas Advisory Services LLC boosted its stake in shares of Linde by 9.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 2,311 shares of the basic materials company’s stock valued at $1,076,000 after purchasing an additional 190 shares in the last quarter. Leavell Investment Management Inc. grew its holdings in shares of Linde by 2.3% in the 1st quarter. Leavell Investment Management Inc. now owns 4,567 shares of the basic materials company’s stock worth $2,127,000 after purchasing an additional 101 shares during the last quarter. Finally, CFO4Life Group LLC increased its position in shares of Linde by 16.0% during the 1st quarter. CFO4Life Group LLC now owns 651 shares of the basic materials company’s stock worth $303,000 after purchasing an additional 90 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. UBS Group reduced their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Seaport Res Ptn upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Royal Bank Of Canada reduced their target price on Linde from $576.00 to $540.00 and set an “outperform” rating on the stock in a report on Thursday. Citigroup decreased their price target on Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $508.83.

Linde Stock Performance

Shares of Linde stock opened at $420.51 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.78. The firm has a 50 day simple moving average of $459.02 and a 200 day simple moving average of $463.26. Linde PLC has a fifty-two week low of $408.65 and a fifty-two week high of $486.38. The firm has a market cap of $196.36 billion, a P/E ratio of 29.91, a P/E/G ratio of 2.85 and a beta of 0.91.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, October 31st. The basic materials company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.03. The firm had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company earned $3.94 EPS. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. Sell-side analysts predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 3rd. Linde’s payout ratio is currently 40.19%.

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.