Icon Wealth Advisors LLC Raises Stock Holdings in Linde PLC $LIN

Icon Wealth Advisors LLC increased its position in Linde PLC (NASDAQ:LIN) by 33.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,680 shares of the basic materials company’s stock after acquiring an additional 1,170 shares during the period. Icon Wealth Advisors LLC’s holdings in Linde were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blalock Williams LLC raised its stake in Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after acquiring an additional 22 shares during the last quarter. Mutual Advisors LLC raised its stake in Linde by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after acquiring an additional 22 shares during the last quarter. Binnacle Investments Inc raised its stake in Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after acquiring an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA raised its stake in Linde by 3.3% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after acquiring an additional 23 shares during the last quarter. Finally, Mayport LLC raised its stake in Linde by 4.8% in the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock worth $215,000 after acquiring an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ LIN opened at $523.57 on Friday. The stock has a 50-day simple moving average of $504.86 and a two-hundred day simple moving average of $471.51. The firm has a market capitalization of $242.07 billion, a P/E ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.82. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during 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%.The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $3.95 EPS. 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, equities analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research analyst reports. Royal Bank Of Canada raised their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Citigroup lifted their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $541.91.

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.