Triad Wealth Partners LLC Has $334,000 Position in Linde PLC $LIN

Triad Wealth Partners LLC raised its holdings in Linde PLC (NASDAQ:LIN) by 13.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 712 shares of the basic materials company’s stock after buying an additional 86 shares during the quarter. Triad Wealth Partners LLC’s holdings in Linde were worth $334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. North Capital Inc. bought a new position in Linde during the first quarter worth about $25,000. Abound Financial LLC acquired a new position in shares of Linde in the 1st quarter worth approximately $41,000. eCIO Inc. bought a new position in shares of Linde during the 1st quarter worth approximately $45,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Linde by 445.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock valued at $51,000 after buying an additional 89 shares in the last quarter. Finally, Nova Wealth Management Inc. bought a new stake in Linde in the first quarter valued at $52,000. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Citigroup raised Linde from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $500.00 to $535.00 in a report on Monday, June 30th. Royal Bank Of Canada began coverage on shares of Linde in a research note on Friday, June 13th. They set an “outperform” rating and a $576.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a report on Saturday, September 27th. JPMorgan Chase & Co. boosted their target price on Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Finally, UBS Group raised their price target on Linde from $485.00 to $504.00 and gave the company a “neutral” rating in a report on Wednesday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Linde has a consensus rating of “Buy” and an average price target of $519.63.

Linde Trading Down 0.6%

Shares of NASDAQ LIN opened at $466.73 on Friday. Linde PLC has a 1-year low of $408.65 and a 1-year high of $487.49. The company has a 50-day moving average of $474.57 and a two-hundred day moving average of $464.31. The company has a market cap of $218.85 billion, a PE ratio of 33.20, a P/E/G ratio of 3.10 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49.

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

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 4th. Linde’s dividend payout ratio is 42.67%.

Insider Transactions at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the firm’s stock in a transaction dated Thursday, August 7th. The stock was 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 in the company, valued at $227,479,445.34. This trade represents a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is currently owned by corporate insiders.

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.