Roundview Capital LLC Purchases 65 Shares of Linde PLC $LIN

Roundview Capital LLC raised its position in Linde PLC (NASDAQ:LIN) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,860 shares of the basic materials company’s stock after purchasing an additional 65 shares during the period. Roundview Capital LLC’s holdings in Linde were worth $1,811,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. North Capital Inc. bought a new stake in shares of Linde during the first quarter worth $25,000. Abound Financial LLC bought a new stake in shares of Linde during the first quarter worth $41,000. eCIO Inc. bought a new stake in shares of Linde during the first quarter worth $45,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Linde by 445.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after acquiring an additional 89 shares in the last quarter. Finally, Nova Wealth Management Inc. bought a new stake in shares of Linde during the first quarter worth $52,000. Institutional investors own 82.80% of the company’s stock.

Insiders Place Their Bets

In other Linde news, Director Stephen F. Angel sold 50,309 shares of Linde 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 sale, the director owned 480,543 shares in the company, valued at $227,479,445.34. The trade was a 9.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.70% of the stock is owned by company insiders.

Linde Stock Performance

NASDAQ LIN opened at $470.37 on Wednesday. The firm has a 50-day moving average of $474.57 and a 200-day moving average of $464.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. The stock has a market cap of $220.56 billion, a PE ratio of 33.45, a P/E/G ratio of 3.09 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 posted its earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. The company had revenue of $8.50 billion during 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 quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company 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. On average, sell-side analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were paid a $1.50 dividend. The ex-dividend date was Thursday, September 4th. This represents a $6.00 annualized dividend and a yield of 1.3%. Linde’s payout ratio is 42.67%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on LIN. Citigroup increased 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. Royal Bank Of Canada initiated coverage on shares of Linde in a research report on Friday, June 13th. They issued an “outperform” rating and a $576.00 target price for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a research report on Saturday, September 27th. UBS Group decreased their target price on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. raised their target price on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $520.00.

Linde 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.