Resources Management Corp CT ADV Has $1.21 Million Stake in Linde PLC $LIN

Resources Management Corp CT ADV decreased its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 95.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,828 shares of the basic materials company’s stock after selling 62,894 shares during the period. Resources Management Corp CT ADV’s holdings in Linde were worth $1,206,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new position in Linde during the second quarter valued at approximately $25,000. Triumph Capital Management grew its holdings in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new position in Linde during the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC grew its holdings in Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

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Linde Price Performance

LIN opened at $523.57 on Monday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $525.82. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $242.07 billion, a price-to-earnings ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. The business has a 50 day moving average of $504.86 and a 200-day moving average of $471.96.

Linde (NASDAQ:LIN – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business earned $3.95 earnings per share. Linde’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is currently 42.50%.

Analysts Set New Price Targets

Several equities analysts have commented on LIN shares. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Seaport Research Partners increased their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $541.91.

View Our Latest Stock Analysis on LIN

Linde Profile

(Free Report)

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.

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