Linde PLC $LIN Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in Linde PLC (NASDAQ:LIN) by 5.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,418 shares of the basic materials company’s stock after buying an additional 4,386 shares during the quarter. NewEdge Advisors LLC’s holdings in Linde were worth $43,338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LIN. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter valued at approximately $25,000. Triumph Capital Management lifted its position in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its holdings in shares of Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares in the last quarter. Strengthening Families & Communities LLC grew its position in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the last quarter. Finally, High Note Wealth LLC grew its position in shares of Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Evercore reissued an “outperform” rating and issued a $525.00 price target on shares of Linde in a research report on Friday, July 10th. UBS Group set a $612.00 price objective on Linde in a report on Monday. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Finally, Seaport Research Partners upped their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $543.67.

Linde Stock Performance

Shares of LIN stock opened at $490.11 on Friday. The stock has a market capitalization of $225.93 billion, a PE ratio of 31.66, a price-to-earnings-growth ratio of 3.09 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The stock’s 50-day moving average price is $513.34 and its 200 day moving average price is $497.90. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same period in the prior year, the business earned $4.09 EPS. The firm’s revenue 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. As a group, equities research analysts forecast that Linde PLC will post 17.84 EPS for the current year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio is 41.34%.

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.