KPP Advisory Services LLC Has $204,000 Stock Holdings in Linde PLC $LIN

KPP Advisory Services LLC decreased its position in shares of Linde PLC (NASDAQ:LIN) by 70.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 435 shares of the basic materials company’s stock after selling 1,041 shares during the period. KPP Advisory Services LLC’s holdings in Linde were worth $204,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Breakwater Capital Group increased its holdings in Linde by 2.3% in the second quarter. Breakwater Capital Group now owns 980 shares of the basic materials company’s stock worth $460,000 after buying an additional 22 shares during the last quarter. Strategy Asset Managers LLC lifted its stake in Linde by 2.8% in the first quarter. Strategy Asset Managers LLC now owns 834 shares of the basic materials company’s stock valued at $388,000 after acquiring an additional 23 shares during the last quarter. Diversify Advisory Services LLC grew its position in Linde by 2.5% in the first quarter. Diversify Advisory Services LLC now owns 999 shares of the basic materials company’s stock worth $450,000 after acquiring an additional 24 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Linde by 0.8% during the 1st quarter. IFP Advisors Inc now owns 3,207 shares of the basic materials company’s stock worth $1,493,000 after purchasing an additional 24 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. raised its holdings in shares of Linde by 3.0% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 816 shares of the basic materials company’s stock valued at $380,000 after purchasing an additional 24 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Transactions at Linde

In other news, Director Stephen F. Angel sold 50,309 shares of the business’s stock in a transaction dated 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 document filed with the SEC, which can be accessed through the SEC website. 0.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on LIN shares. Citigroup upped their price objective on shares of Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a research note on Saturday, September 27th. Royal Bank Of Canada began coverage on Linde in a research note on Friday, June 13th. They issued an “outperform” rating and a $576.00 price objective on the stock. UBS Group decreased their target price on Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $520.00.

Linde Price Performance

Shares of NASDAQ:LIN opened at $468.55 on Tuesday. The company has a market cap of $219.71 billion, a price-to-earnings ratio of 33.33, a PEG ratio of 3.08 and a beta of 0.93. The business has a 50 day moving average price of $474.59 and a 200 day moving average price of $464.46. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. Linde PLC has a twelve month low of $408.65 and a twelve month high of $487.49.

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

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were issued a $1.50 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $6.00 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is 42.67%.

About Linde

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.