Linde PLC $LIN Shares Bought by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC grew its stake in shares of Linde PLC (NASDAQ:LIN) by 93.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,889 shares of the basic materials company’s stock after purchasing an additional 1,397 shares during the period. Consilium Wealth Advisory LLC’s holdings in Linde were worth $1,432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Focused Wealth Management Inc acquired a new stake in shares of Linde in the first quarter valued at about $615,000. Centennial Wealth Advisory LLC purchased a new stake in Linde during the first quarter worth about $278,000. Keudell Morrison Wealth Management acquired a new position in Linde during the first quarter worth about $213,000. Weaver Capital Management LLC grew its position in Linde by 11.8% during the first quarter. Weaver Capital Management LLC now owns 2,849 shares of the basic materials company’s stock worth $1,413,000 after buying an additional 300 shares during the period. Finally, Faithward Advisors LLC increased its holdings in Linde by 115.3% in the first quarter. Faithward Advisors LLC now owns 4,031 shares of the basic materials company’s stock valued at $2,203,000 after buying an additional 2,159 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LIN. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Citigroup raised their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Royal Bank Of Canada boosted their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. Finally, Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $541.91.

Linde Stock Down 0.7%

Shares of NASDAQ LIN opened at $512.90 on Wednesday. The firm’s 50-day moving average is $506.92 and its two-hundred day moving average is $477.24. The company has a market capitalization of $237.14 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the company posted $3.95 EPS. The company’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

Linde Company 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.