Franklin Street Advisors Inc. NC Sells 1,555 Shares of Linde PLC $LIN

Franklin Street Advisors Inc. NC lowered its holdings in Linde PLC (NASDAQ:LIN) by 3.0% in the second quarter, HoldingsChannel.com reports. The firm owned 49,964 shares of the basic materials company’s stock after selling 1,555 shares during the quarter. Linde comprises approximately 1.4% of Franklin Street Advisors Inc. NC’s holdings, making the stock its 20th biggest holding. Franklin Street Advisors Inc. NC’s holdings in Linde were worth $25,928,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Capital International Investors lifted its position in Linde by 20.1% during the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the period. Boston Trust Walden Corp increased its holdings in Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after buying an additional 8,863 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after buying an additional 807,370 shares during the period. Legal & General Group Plc raised its position in shares of Linde by 6.5% in the 4th quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company’s stock valued at $1,251,430,000 after buying an additional 179,359 shares in the last quarter. Finally, National Pension Service lifted its holdings in shares of Linde by 23.9% during the 4th quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock worth $511,056,000 after acquiring an additional 231,048 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Price Performance

LIN stock opened at $489.98 on Monday. The stock has a market cap of $225.87 billion, a price-to-earnings ratio of 31.65, a P/E/G ratio of 3.09 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The company has a 50 day simple moving average of $513.19 and a 200 day simple moving average of $498.26. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Research analysts anticipate that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is 41.34%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LIN shares. UBS Group set a $612.00 price target on shares of Linde in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. Citigroup reduced their target price on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Royal Bank Of Canada lowered their price target on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Finally, BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $543.67.

Linde Company 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.