Brookstone Capital Management Acquires 8,718 Shares of Linde PLC $LIN

Brookstone Capital Management boosted its holdings in shares of Linde PLC (NASDAQ:LIN) by 44.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 28,209 shares of the basic materials company’s stock after acquiring an additional 8,718 shares during the period. Brookstone Capital Management’s holdings in Linde were worth $13,985,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LIN. Capital International Investors raised its stake in shares of Linde by 20.1% in 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 last quarter. S.E.E.D. Planning Group LLC boosted its position in shares of Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares during the last quarter. Temasek Holdings Private Ltd boosted its position in shares of Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares during the last quarter. Boston Trust Walden Corp grew its holdings in Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after buying an additional 8,863 shares in the last quarter. Finally, J. Safra Sarasin Holding AG grew its holdings in Linde by 3.0% during the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after buying an additional 2,408 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

Linde Stock Performance

LIN stock opened at $516.71 on Tuesday. The firm has a market cap of $238.90 billion, a PE ratio of 34.31, a P/E/G ratio of 3.21 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average of $506.73 and a 200-day moving average of $476.51. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period last 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. As a group, sell-side analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have weighed in on LIN shares. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. UBS Group reiterated a “buy” rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $541.91.

About Linde

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.