SYM FINANCIAL Corp Makes New $763,000 Investment in Linde PLC $LIN

SYM FINANCIAL Corp bought a new position in shares of Linde PLC (NASDAQ:LIN) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,607 shares of the basic materials company’s stock, valued at approximately $763,000.

Other hedge funds also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new stake in Linde during the third quarter worth about $411,000. Penobscot Investment Management Company Inc. bought a new position in Linde in the 3rd quarter valued at about $7,366,000. Oppenheimer & Co. Inc. acquired a new position in shares of Linde in the 3rd quarter valued at approximately $10,595,000. Center for Financial Planning Inc. acquired a new position in shares of Linde in the 3rd quarter valued at approximately $128,000. Finally, Park Avenue Securities LLC acquired a new position in shares of Linde in the 3rd quarter valued at approximately $10,528,000. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

LIN has been the subject of a number of recent analyst reports. UBS Group cut their price target on shares of Linde from $612.00 to $574.00 and set a “buy” rating for the company in a report on Monday, October 5th. Sanford C. Bernstein reissued an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the company a “buy” rating in a research report on Monday, August 10th. Finally, KeyCorp started coverage on Linde in a research note on Thursday, September 10th. They set an “overweight” rating and a $542.00 target price for the company. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $547.10.

Linde Stock Up 0.2%

Shares of Linde stock opened at $508.65 on Wednesday. The firm’s 50 day moving average is $481.84 and its 200 day moving average is $491.36. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating the consensus estimate of $4.49 by $0.01. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be issued a dividend of $1.60 per share. The ex-dividend date is Thursday, December 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%.

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.