Neville Rodie & Shaw Inc. Purchases New Stake in Linde PLC $LIN

Neville Rodie & Shaw Inc. acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,167 shares of the basic materials company’s stock, valued at approximately $5,775,000.

Other large investors also recently made changes to their positions in the company. Atwood & Palmer Inc. raised its stake in shares of Linde by 12.9% in the 2nd quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock valued at $91,000 after acquiring an additional 20 shares during the period. Meadowbrook Advisors Group LLC increased its holdings in Linde by 4.3% in the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares in the last quarter. Valmark Advisers Inc. increased its holdings in Linde by 0.5% in the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after purchasing an additional 22 shares in the last quarter. Ellenbecker Investment Group raised its position in Linde by 3.7% in the first quarter. Ellenbecker Investment Group now owns 652 shares of the basic materials company’s stock valued at $323,000 after purchasing an additional 23 shares during the period. Finally, Principia Wealth Advisory LLC lifted its stake in shares of Linde by 74.2% during the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Up 1.2%

LIN traded up $5.52 on Monday, reaching $485.00. The company’s stock had a trading volume of 1,100,436 shares, compared to its average volume of 2,330,235. The stock has a market cap of $223.57 billion, a price-to-earnings ratio of 31.33, a price-to-earnings-growth ratio of 2.80 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 current ratio of 0.88 and a quick ratio of 0.75. The business’s 50 day moving average is $479.86 and its 200 day moving average is $498.22.

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 analysts’ consensus estimates of $4.49 by $0.01. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.09 EPS. 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, research analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on LIN shares. DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. BMO Capital Markets dropped their target price on Linde from $560.00 to $546.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Rothschild & Co Redburn boosted their price target on Linde from $550.00 to $560.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Berenberg Bank restated a “buy” rating on shares of Linde in a report on Tuesday, August 4th. Finally, Argus lowered their price objective on shares of Linde from $563.00 to $538.00 and set a “buy” rating for the company in a research report on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Linde has an average rating of “Buy” and an average target price of $546.80.

Linde Profile

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.