CTC Alternative Strategies Ltd. Makes New $233,000 Investment in Linde PLC $LIN

CTC Alternative Strategies Ltd. bought a new position in Linde PLC (NASDAQ:LIN) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 500 shares of the basic materials company’s stock, valued at approximately $233,000.

A number of other large investors have also added to or reduced their stakes in LIN. Nuveen LLC bought a new stake in Linde in the 1st quarter worth approximately $2,097,793,000. GAMMA Investing LLC grew its position in Linde by 58,312.0% in the 1st quarter. GAMMA Investing LLC now owns 3,415,935 shares of the basic materials company’s stock worth $1,590,596,000 after purchasing an additional 3,410,087 shares during the period. Deutsche Bank AG grew its position in Linde by 172.4% in the 1st quarter. Deutsche Bank AG now owns 2,407,637 shares of the basic materials company’s stock worth $1,121,092,000 after purchasing an additional 1,523,702 shares during the period. Wellington Management Group LLP grew its position in Linde by 18.6% in the 1st quarter. Wellington Management Group LLP now owns 7,542,991 shares of the basic materials company’s stock worth $3,511,751,000 after purchasing an additional 1,182,157 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Linde in the 4th quarter worth approximately $386,957,000. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.6%

Shares of LIN stock opened at $469.52 on Monday. Linde PLC has a 1 year low of $408.65 and a 1 year high of $487.49. The firm has a fifty day moving average price of $472.43 and a 200-day moving average price of $462.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.78. The company has a market cap of $220.16 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 3.10 and a beta of 0.95.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The firm had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. During the same quarter in the previous year, the firm posted $3.85 EPS. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. As a group, equities analysts predict that Linde PLC will post 16.54 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be paid a dividend of $1.50 per share. The ex-dividend date is Thursday, September 4th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s payout ratio is 42.67%.

Insider Buying and Selling at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of Linde stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total transaction of $23,815,274.42. Following the transaction, the director owned 480,543 shares in the company, valued at approximately $227,479,445.34. The trade was a 9.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on LIN shares. JPMorgan Chase & Co. lifted their target price on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Citigroup raised shares of Linde from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $500.00 to $535.00 in a research report on Monday, June 30th. UBS Group boosted their price objective on shares of Linde from $485.00 to $504.00 and gave the company a “neutral” rating in a research report on Wednesday, July 9th. Finally, Royal Bank Of Canada began coverage on shares of Linde in a research report on Friday, June 13th. They set an “outperform” rating and a $576.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $519.63.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.