8,605 Shares in Linde PLC $LIN Acquired by Trust Co. of Vermont

Trust Co. of Vermont acquired a new stake in Linde PLC (NASDAQ:LIN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,605 shares of the basic materials company’s stock, valued at approximately $4,465,000.

A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC bought a new stake in Linde in the fourth quarter valued at about $2,752,000. Revolve Wealth Partners LLC boosted its holdings in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares during the period. Finally, Gabelli Funds LLC grew its position in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Down 1.7%

NASDAQ LIN opened at $474.33 on Tuesday. The firm has a market cap of $218.66 billion, a P/E ratio of 30.64, a P/E/G ratio of 3.04 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The stock’s 50-day moving average is $510.78 and its 200-day moving average is $499.81. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. During the same quarter in the previous year, the business posted $4.09 EPS. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Sell-side analysts anticipate that Linde PLC will post 17.85 earnings per share for the current fiscal year.

Linde Announces Dividend

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

Analysts Set New Price Targets

LIN has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Citigroup lowered their target price on shares of Linde from $600.00 to $580.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. The Goldman Sachs Group set a $580.00 target price on shares of Linde in a report on Monday, August 10th. UBS Group set a $612.00 price target on shares of Linde in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein lifted their price target on shares of Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Linde has an average rating of “Buy” and a consensus target price of $545.38.

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.