Venturi Wealth Management LLC decreased its position in Linde PLC (NASDAQ:LIN – Free Report) by 34.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,206 shares of the basic materials company’s stock after selling 1,169 shares during the period. Venturi Wealth Management LLC’s holdings in Linde were worth $1,093,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in Linde during the second quarter worth $25,000. Triumph Capital Management lifted its stake in shares of Linde by 69.2% in the 4th 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 purchased a new position in shares of Linde during the 3rd quarter worth $29,000. Saranac Partners Ltd purchased a new position in shares of Linde during the 3rd quarter worth $29,000. Finally, Strengthening Families & Communities LLC increased its position in shares of Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $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.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Royal Bank Of Canada increased their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Citigroup initiated coverage on shares of Linde in a research report on Wednesday. They set an “overweight” rating for the company. UBS Group reissued a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $543.27.
Linde Price Performance
LIN stock opened at $519.89 on Friday. The business’s fifty day moving average price is $507.96 and its 200 day moving average price is $479.18. Linde PLC has a 12-month low of $387.78 and a 12-month high of $527.94. 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 company has a market capitalization of $240.37 billion, a PE ratio of 34.52, a P/E/G ratio of 3.26 and a beta of 0.72.
Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, sell-side analysts anticipate that Linde PLC will post 17.86 EPS for the current year.
Linde Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 42.50%.
Linde Profile
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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