Linde PLC $LIN Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC trimmed its holdings in Linde PLC (NASDAQ:LIN) by 19.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,765 shares of the basic materials company’s stock after selling 11,361 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Linde were worth $20,367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Blalock Williams LLC boosted its holdings in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after purchasing an additional 22 shares in the last quarter. Mutual Advisors LLC lifted its stake in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares during the last quarter. Binnacle Investments Inc lifted its stake in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA lifted its stake in Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after buying an additional 23 shares during the last quarter. Finally, Mayport LLC lifted its stake in Linde by 4.8% in the fourth quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock valued at $215,000 after buying an additional 23 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LIN has been the subject of a number of research reports. Citigroup boosted 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. JPMorgan Chase & Co. boosted their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada boosted their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Linde has an average rating of “Buy” and an average target price of $541.91.

Linde Price Performance

Linde stock opened at $523.57 on Monday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.82. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business has a 50 day simple moving average of $504.86 and a 200-day simple moving average of $471.96. The stock has a market capitalization of $242.07 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.29 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the prior year, the business earned $3.95 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. 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 predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio is presently 42.50%.

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.