Linde PLC $LIN Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC grew its position in Linde PLC (NASDAQ:LIN) by 15.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,264 shares of the basic materials company’s stock after acquiring an additional 2,703 shares during the quarter. HB Wealth Management LLC’s holdings in Linde were worth $10,046,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter worth $25,000. Triumph Capital Management increased its stake 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 stake in shares of Linde during the third quarter worth $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde during the third quarter worth $29,000. Finally, Strengthening Families & Communities LLC raised its holdings in shares of Linde by 134.5% during the fourth 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 period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

LIN stock opened at $546.64 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock has a market capitalization of $252.74 billion, a price-to-earnings ratio of 36.30, a PEG ratio of 3.43 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $547.22. The stock’s fifty day moving average is $511.51 and its two-hundred day moving average is $483.83.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.95 earnings per share. 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, research analysts predict that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $1.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Wall Street Analyst Weigh In

LIN has been the subject of several research reports. Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Royal Bank Of Canada increased their price objective 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. Finally, Citigroup initiated coverage on Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $543.27.

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.