MeadowBrook Investment Advisors LLC Has $1.64 Million Stake in Linde PLC $LIN

MeadowBrook Investment Advisors LLC trimmed its stake in Linde PLC (NASDAQ:LIN) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,498 shares of the basic materials company’s stock after selling 145 shares during the period. Linde comprises approximately 1.5% of MeadowBrook Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest position. MeadowBrook Investment Advisors LLC’s holdings in Linde were worth $1,641,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in Linde during the 4th quarter worth about $2,752,000. Revolve Wealth Partners LLC grew its holdings in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares during the period. DAVENPORT & Co LLC grew its holdings in Linde by 145.3% during the 1st quarter. DAVENPORT & Co LLC now owns 30,934 shares of the basic materials company’s stock worth $14,404,000 after acquiring an additional 18,323 shares during the period. Fedenia Advisers LLC grew its holdings in Linde by 48.6% during the 1st quarter. Fedenia Advisers LLC now owns 1,900 shares of the basic materials company’s stock worth $885,000 after acquiring an additional 621 shares during the period. Finally, WCM Investment Management LLC grew its holdings in Linde by 0.3% during the 1st quarter. WCM Investment Management LLC now owns 3,339,761 shares of the basic materials company’s stock worth $1,533,318,000 after acquiring an additional 9,870 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Stephen F. Angel sold 50,309 shares of the firm’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the transaction, the director owned 480,543 shares of the company’s stock, valued at approximately $227,479,445.34. This trade represents a 9.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

Linde Price Performance

LIN stock opened at $432.01 on Thursday. The stock has a market capitalization of $202.57 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 2.92 and a beta of 0.93. The company’s 50-day moving average is $467.68 and its 200-day moving average is $464.82. 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 1 year low of $408.65 and a 1 year high of $486.38.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. The company had revenue of $8.50 billion for the quarter, compared to analysts’ expectations of $8.35 billion. Linde had a net margin of 20.20% and a return on equity of 19.09%. The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.85 EPS. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Equities research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a $1.50 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $6.00 annualized dividend and a yield of 1.4%. Linde’s dividend payout ratio (DPR) is presently 42.67%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Citigroup increased their price target on Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a report on Wednesday, October 8th. Finally, UBS Group decreased their price target on Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Linde currently has an average rating of “Buy” and an average price target of $520.00.

Linde Company Profile

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.