CWS Financial Advisors LLC Acquires 285 Shares of Linde PLC $LIN

CWS Financial Advisors LLC boosted its stake in shares of Linde PLC (NASDAQ:LIN) by 23.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,497 shares of the basic materials company’s stock after purchasing an additional 285 shares during the quarter. CWS Financial Advisors LLC’s holdings in Linde were worth $702,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. eCIO Inc. acquired a new position in shares of Linde in the first quarter valued at $45,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Linde by 445.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock valued at $51,000 after purchasing an additional 89 shares during the last quarter. Nova Wealth Management Inc. acquired a new position in shares of Linde in the 1st quarter worth approximately $52,000. Costello Asset Management INC acquired a new position in Linde in the first quarter worth $54,000. Finally, Activest Wealth Management lifted its position in Linde by 5,800.0% during the 1st quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after buying an additional 116 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Down 1.2%

Linde stock opened at $423.39 on Friday. 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’s 50-day moving average is $454.27 and its 200-day moving average is $462.42. The firm has a market capitalization of $197.70 billion, a PE ratio of 30.11, a P/E/G ratio of 2.85 and a beta of 0.91. Linde PLC has a fifty-two week low of $408.65 and a fifty-two week high of $486.38.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.03. Linde had a return on equity of 19.09% and a net margin of 20.20%.The company had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.62 billion. During the same period last year, the firm posted $3.94 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. Sell-side analysts anticipate 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 will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 3rd. Linde’s dividend payout ratio is currently 40.19%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LIN shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a report on Wednesday, October 8th. Royal Bank Of Canada decreased their price objective on shares of Linde from $576.00 to $540.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Seaport Res Ptn raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. JPMorgan Chase & Co. lowered their price objective on shares of Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Finally, Citigroup decreased their price objective on Linde from $535.00 to $520.00 and set a “buy” rating for the company in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus target price of $508.83.

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.