Yousif Capital Management LLC Reduces Stake in Linde PLC $LIN

Yousif Capital Management LLC lowered its position in Linde PLC (NASDAQ:LIN) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,962 shares of the basic materials company’s stock after selling 4,312 shares during the period. Yousif Capital Management LLC’s holdings in Linde were worth $35,607,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Trust Co. of Vermont grew its stake in shares of Linde by 0.3% during the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after purchasing an additional 23 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Linde by 19.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,140 shares of the basic materials company’s stock worth $2,916,000 after purchasing an additional 1,005 shares during the period. Parcion Private Wealth LLC boosted its holdings in shares of Linde by 1.0% in the third quarter. Parcion Private Wealth LLC now owns 17,213 shares of the basic materials company’s stock worth $8,176,000 after buying an additional 176 shares during the last quarter. Patton Fund Management Inc. purchased a new position in shares of Linde in the third quarter worth approximately $233,000. Finally, HBK Sorce Advisory LLC grew its position in Linde by 75.4% during the third quarter. HBK Sorce Advisory LLC now owns 3,022 shares of the basic materials company’s stock valued at $1,414,000 after buying an additional 1,299 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Stock Up 0.5%

LIN opened at $423.51 on Tuesday. The stock has a market cap of $197.76 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 3.23 and a beta of 0.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The firm’s fifty day moving average is $421.80 and its 200 day moving average is $453.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $486.38.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.03. Linde had a return on equity of 19.38% and a net margin of 21.17%.The business had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.62 billion. During the same quarter in the prior year, the business posted $3.94 EPS. Linde’s revenue for the quarter was up 2.9% compared to the same quarter last year. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. On average, sell-side analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, December 3rd. Linde’s dividend payout ratio (DPR) is 40.19%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on LIN shares. BMO Capital Markets set a $501.00 price target on shares of Linde in a research report on Wednesday, December 17th. UBS Group restated a “buy” rating on shares of Linde in a research note on Friday, December 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $516.00 target price on shares of Linde in a research report on Monday, November 3rd. Royal Bank Of Canada cut their price target on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Linde in a research report on Monday, December 15th. Two investment analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $501.00.

Linde Profile

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.