Linde PLC $LIN Shares Bought by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT raised its position in shares of Linde PLC (NASDAQ:LIN) by 3.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,077 shares of the basic materials company’s stock after purchasing an additional 1,584 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Linde were worth $22,348,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in Linde in the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC lifted its stake in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after acquiring an additional 96 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after acquiring an additional 259 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after acquiring an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC increased its stake in shares of Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after acquiring an additional 175 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ LIN opened at $512.28 on Friday. 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 PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock’s fifty day moving average is $516.05 and its two-hundred day moving average is $493.94. The firm has a market capitalization of $236.85 billion, a P/E ratio of 34.02, a price-to-earnings-growth ratio of 3.23 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the business earned $3.95 earnings per share. Linde’s revenue was up 8.2% compared to the same quarter last year. 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, research analysts anticipate that Linde PLC will post 17.89 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is 42.50%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LIN. Citigroup began coverage on shares of Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. UBS Group reaffirmed a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Evercore reaffirmed an “outperform” rating and issued a $525.00 price objective on shares of Linde in a report on Friday, July 10th. Finally, JPMorgan Chase & Co. upped their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $548.67.

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.