1,096 Shares in Linde PLC $LIN Purchased by Obermeyer Wealth Partners

Obermeyer Wealth Partners acquired a new stake in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,096 shares of the basic materials company’s stock, valued at approximately $520,000.

Several other institutional investors also recently bought and sold shares of the business. State Street Corp raised its stake in Linde by 3.7% in the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after buying an additional 719,052 shares in the last quarter. Amundi lifted its holdings in Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after buying an additional 373,012 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Linde by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock worth $1,358,712,000 after buying an additional 64,078 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Linde by 28.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after acquiring an additional 361,664 shares in the last quarter. Finally, Swiss National Bank boosted its position in Linde by 6.6% during the 1st quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after acquiring an additional 85,360 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LIN has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a report on Monday. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Berenberg Bank reaffirmed a “buy” rating on shares of Linde in a research report on Tuesday, August 4th. UBS Group dropped their price objective on Linde from $612.00 to $574.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, Royal Bank Of Canada cut their target price on Linde from $553.00 to $549.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus price target of $547.10.

Linde Trading Down 0.3%

Shares of NASDAQ:LIN opened at $500.57 on Thursday. The business’s 50-day moving average is $479.39 and its 200 day moving average is $498.24. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The firm has a market capitalization of $230.75 billion, a P/E ratio of 32.34, a P/E/G ratio of 2.93 and a beta of 0.71. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is presently 41.34%.

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.