YHB Investment Advisors Inc. Acquires New Holdings in Linde PLC $LIN

YHB Investment Advisors Inc. purchased a new position in Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,161 shares of the basic materials company’s stock, valued at approximately $4,348,000.

A number of other institutional investors also recently added to or reduced their stakes in LIN. Arrowstreet Capital Limited Partnership raised its position in Linde by 177.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock worth $538,558,000 after buying an additional 807,370 shares during the last quarter. Hikari Power Ltd purchased a new position in Linde during the second quarter worth about $20,965,000. First Financial Bank Trust Division purchased a new position in Linde during the third quarter worth about $4,034,000. Sit Investment Associates Inc. lifted its position in Linde by 18.2% in the fourth quarter. Sit Investment Associates Inc. now owns 45,548 shares of the basic materials company’s stock valued at $19,421,000 after purchasing an additional 7,025 shares during the period. Finally, Trillium Asset Management LLC lifted its position in Linde by 4.3% in the fourth quarter. Trillium Asset Management LLC now owns 59,976 shares of the basic materials company’s stock valued at $26,121,000 after purchasing an additional 2,490 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.2%

Shares of LIN traded down $0.98 during trading hours on Thursday, hitting $483.00. The stock had a trading volume of 727,225 shares, compared to its average volume of 2,332,944. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The firm has a market cap of $222.66 billion, a P/E ratio of 31.22, a P/E/G ratio of 2.86 and a beta of 0.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company’s fifty day simple moving average is $478.40 and its 200 day simple moving average is $498.11.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter in the prior year, the business earned $4.09 earnings per share. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities research analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s payout ratio is 41.34%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LIN. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Thursday. Citigroup decreased their target price on shares of Linde from $580.00 to $560.00 and set a “buy” rating on the stock in a research report on Wednesday. Bank of America upped their price target on shares of Linde from $532.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. DZ Bank reiterated a “neutral” rating on shares of Linde in a research note on Thursday, August 6th. Finally, Evercore boosted their price objective on shares of Linde from $515.00 to $525.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $545.80.

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.