Blair William & Co. IL Cuts Stock Position in Linde PLC $LIN

Blair William & Co. IL lessened its holdings in shares of Linde PLC (NASDAQ:LIN) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 233,766 shares of the basic materials company’s stock after selling 5,083 shares during the quarter. Blair William & Co. IL’s holdings in Linde were worth $99,675,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in Linde during the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC grew its stake in shares of Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after acquiring an additional 145 shares during the period. Finally, Gabelli Funds LLC increased its position in shares of Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after acquiring an additional 175 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN opened at $518.17 on Wednesday. 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 PLC has a 1-year low of $387.78 and a 1-year high of $525.87. The stock has a market cap of $239.57 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72. The firm has a fifty day moving average price of $505.55 and a 200 day moving average price of $473.53.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the previous year, the firm earned $3.95 earnings per share. The business’s 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. As a group, sell-side analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid 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 is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LIN shares. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One equities research 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. According to data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus target price of $541.91.

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.