Maia Wealth LLC Raises Position in Linde PLC $LIN

Maia Wealth LLC boosted its holdings in Linde PLC (NASDAQ:LIN) by 38.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 802 shares of the basic materials company’s stock after purchasing an additional 222 shares during the period. Maia Wealth LLC’s holdings in Linde were worth $376,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. eCIO Inc. purchased a new position in shares of Linde in the first quarter worth about $45,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Linde by 445.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock valued at $51,000 after acquiring an additional 89 shares during the period. Nova Wealth Management Inc. bought a new position in Linde during the 1st quarter worth approximately $52,000. Costello Asset Management INC purchased a new position in Linde in the 1st quarter worth approximately $54,000. Finally, Activest Wealth Management increased its stake in Linde by 5,800.0% in the 1st quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 116 shares during the period. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Stock Performance

Shares of LIN opened at $407.90 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.78. Linde PLC has a one year low of $406.09 and a one year high of $486.38. The company has a 50-day simple moving average of $443.79 and a two-hundred day simple moving average of $460.26. The firm has a market capitalization of $190.47 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 2.85 and a beta of 0.91.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.03. Linde had a return on equity of 19.09% and a net margin of 20.20%.The firm had revenue of $8.62 billion for the quarter, compared to the consensus estimate of $8.62 billion. During the same quarter in the prior year, the business earned $3.94 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. On average, analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be paid a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 3rd. Linde’s dividend payout ratio is presently 40.19%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on LIN shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Linde in a research note on Tuesday. Royal Bank Of Canada lowered their price target on shares of Linde from $576.00 to $540.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Seaport Res Ptn raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Linde has an average rating of “Buy” and a consensus target price of $508.83.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.