Linde PLC $LIN Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 96.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,296 shares of the basic materials company’s stock after selling 104,535 shares during the quarter. Curated Wealth Partners LLC’s holdings in Linde were worth $1,564,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. State Street Corp lifted its holdings in shares of Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after buying an additional 719,052 shares during the last quarter. Invesco Ltd. increased its position in Linde by 26.0% during the fourth quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company’s stock worth $2,303,494,000 after acquiring an additional 1,114,751 shares during the period. Amundi raised its position in shares of Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock valued at $1,567,796,000 after buying an additional 373,012 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Linde by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after acquiring an additional 64,078 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of Linde by 18.0% in the 4th quarter. Royal Bank of Canada now owns 2,250,532 shares of the basic materials company’s stock worth $959,605,000 after acquiring an additional 343,161 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Trading Up 0.6%

NASDAQ:LIN traded up $2.96 on Thursday, reaching $495.67. The company’s stock had a trading volume of 789,266 shares, compared to its average volume of 2,320,003. The firm has a market cap of $228.49 billion, a PE ratio of 32.02, a PEG ratio of 2.87 and a beta of 0.71. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The business’s 50-day moving average price is $478.29 and its two-hundred day moving average price is $498.13.

Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same period in the prior year, the business earned $4.09 EPS. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is currently 41.34%.

Key Stories Impacting Linde

Here are the key news stories impacting Linde this week:

  • Positive Sentiment: Barclays upgraded Linde to “strong buy,” strengthening the bullish analyst outlook and suggesting confidence in the company’s industrial-gas growth prospects.
  • Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating. Although it reduced its price target from $553 to $549, the target still implies approximately 10% upside from recent trading levels.
  • Positive Sentiment: Investors continue to view Linde as a potential beneficiary of secular growth in industrial gases, including demand linked to manufacturing, energy transition projects, and healthcare. Linde plc Adds Exposure to Industrial Gases and Secular Growth Trends
  • Positive Sentiment: A report highlighted Linde’s role in supporting artificial-intelligence infrastructure, potentially reinforcing the long-term investment case for demand from data centers and related industrial activity. Linde is Powering the AI Revolution
  • Positive Sentiment: Linde’s supply of 20 explosion-proof forklifts to Iraq’s Ministry of Oil indicates an additional industrial customer relationship, though the financial impact is likely limited relative to the company’s overall scale. Linde Supplies Forklifts to Iraq’s Ministry of Oil
  • Neutral Sentiment: Coverage of investment-firm opinions reflects continued institutional attention on Linde but does not identify a major change in consensus. What Are Investment Firms Saying About Linde?
  • Negative Sentiment: One analysis argued that Linde looks fully valued based on current earnings, raising concerns that the stock’s premium valuation may already reflect much of its expected growth. Linde Stock Looks Fully Valued on Current Earnings

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays began coverage on shares of Linde in a research report on Monday. They issued an “overweight” rating and a $577.00 price target for the company. Royal Bank Of Canada decreased their price objective on shares of Linde from $553.00 to $549.00 and set an “outperform” rating on the stock in a research note on Thursday. Deutsche Bank Aktiengesellschaft reduced their target price on Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. KeyCorp assumed coverage on Linde in a research note on Thursday, September 10th. They issued an “overweight” rating and a $542.00 price objective on the stock. Finally, The Goldman Sachs Group set a $580.00 target price on shares of Linde and gave the stock a “buy” rating in a research note on Monday, August 10th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $547.10.

Get Our Latest Report on Linde

Linde Profile

(Free Report)

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.

See Also

Want to see what other hedge funds are holding LIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Linde PLC (NASDAQ:LIN – Free Report).

Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.