Linde PLC $LIN Holdings Raised by Roundview Capital LLC

Roundview Capital LLC boosted its stake in Linde PLC (NASDAQ:LIN) by 1.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,860 shares of the basic materials company’s stock after buying an additional 65 shares during the quarter. Roundview Capital LLC’s holdings in Linde were worth $1,811,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its position in Linde by 5.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,600,297 shares of the basic materials company’s stock worth $4,470,284,000 after buying an additional 453,108 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Linde by 18.6% during the 1st quarter. Wellington Management Group LLP now owns 7,542,991 shares of the basic materials company’s stock valued at $3,511,751,000 after purchasing an additional 1,182,157 shares in the last quarter. Nuveen LLC bought a new position in shares of Linde during the 1st quarter valued at $2,097,793,000. Invesco Ltd. raised its holdings in shares of Linde by 1.1% during the 1st quarter. Invesco Ltd. now owns 3,859,539 shares of the basic materials company’s stock valued at $1,797,156,000 after purchasing an additional 40,931 shares in the last quarter. Finally, WCM Investment Management LLC raised its holdings in shares of Linde by 0.3% during the 1st quarter. WCM Investment Management LLC now owns 3,339,761 shares of the basic materials company’s stock valued at $1,533,318,000 after purchasing an additional 9,870 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Trading Up 0.4%

Shares of NASDAQ LIN opened at $470.37 on Wednesday. Linde PLC has a 1-year low of $408.65 and a 1-year high of $487.49. The company has a market cap of $220.56 billion, a PE ratio of 33.45, a P/E/G ratio of 3.09 and a beta of 0.93. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average of $474.57 and a two-hundred day moving average of $464.50.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The company had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. During the same period in the previous year, the firm posted $3.85 earnings per share. The company’s revenue 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. As a group, equities analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Announces Dividend

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

Analyst Ratings Changes

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

Insider Buying and Selling at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the director directly owned 480,543 shares of the company’s stock, valued at $227,479,445.34. The trade was a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.70% of the stock is currently owned by company insiders.

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.