NewEdge Advisors LLC Increases Stock Position in Linde PLC $LIN

NewEdge Advisors LLC grew its holdings in shares of Linde PLC (NASDAQ:LIN) by 5.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 87,418 shares of the basic materials company’s stock after purchasing an additional 4,386 shares during the period. NewEdge Advisors LLC’s holdings in Linde were worth $43,338,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of LIN. First Nebraska Trust Co purchased a new stake in shares of Linde in the first quarter valued at approximately $289,000. Integrated Investment Consultants LLC purchased a new position in Linde in the first quarter worth $280,000. Dala Group LLC acquired a new stake in Linde in the first quarter valued at $214,000. Glenmede Trust Co. NA lifted its holdings in Linde by 0.7% in the first quarter. Glenmede Trust Co. NA now owns 37,940 shares of the basic materials company’s stock valued at $18,809,000 after acquiring an additional 274 shares during the period. Finally, Axiom Investment Management LLC purchased a new stake in shares of Linde during the 1st quarter worth $138,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on LIN. Evercore reaffirmed an “outperform” rating and set a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada dropped their target price on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $543.67.

Linde Stock Down 0.2%

Linde stock opened at $490.11 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market capitalization of $225.93 billion, a price-to-earnings ratio of 31.66, a price-to-earnings-growth ratio of 3.09 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock’s fifty day moving average is $513.34 and its two-hundred day moving average is $497.90.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Analysts predict that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is 41.34%.

About Linde

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.