Cynosure Group LLC Grows Stock Position in Linde PLC $LIN

Cynosure Group LLC increased its stake in Linde PLC (NASDAQ:LIN) by 150.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,659 shares of the basic materials company’s stock after purchasing an additional 1,596 shares during the quarter. Cynosure Group LLC’s holdings in Linde were worth $1,134,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter valued at $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Linde in the third quarter valued at $29,000. Saranac Partners Ltd purchased a new position in shares of Linde in the third quarter valued at $29,000. Triumph Capital Management grew its position in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares in the last quarter. Finally, Caitlin John LLC purchased a new position in shares of Linde in the third quarter valued at $32,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Trading Down 0.4%

Shares of LIN stock opened at $521.48 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $505.24 and a two-hundred day moving average price of $472.76. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87. The firm has a market cap of $241.11 billion, a P/E ratio of 34.63, a price-to-earnings-growth ratio of 3.29 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same quarter in the previous year, the company posted $3.95 earnings per share. The company’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. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is 42.50%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LIN shares. JPMorgan Chase & Co. lifted 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. Royal Bank Of Canada lifted their price target on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $541.91.

Linde Company 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.