Total Clarity Wealth Management Inc. Increases Stake in Linde PLC $LIN

Total Clarity Wealth Management Inc. increased its holdings in shares of Linde PLC (NASDAQ:LIN) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,170 shares of the basic materials company’s stock after buying an additional 195 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Linde were worth $1,018,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LIN. Brighton Jones LLC purchased a new stake in Linde during the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC increased its stake in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares during the period. GAMMA Investing LLC increased its stake in Linde by 25.4% during the 1st quarter. GAMMA Investing LLC now owns 7,336 shares of the basic materials company’s stock worth $3,416,000 after buying an additional 1,488 shares during the period. CVA Family Office LLC increased its stake in Linde by 5.0% during the 1st quarter. CVA Family Office LLC now owns 981 shares of the basic materials company’s stock worth $457,000 after buying an additional 47 shares during the period. Finally, Tritonpoint Wealth LLC increased its stake in Linde by 4.9% during the 1st quarter. Tritonpoint Wealth LLC now owns 2,108 shares of the basic materials company’s stock worth $982,000 after buying an additional 98 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Stephen F. Angel sold 50,309 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the transaction, the director owned 480,543 shares in the company, valued at approximately $227,479,445.34. This represents a 9.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.70% of the company’s stock.

Linde Trading Down 0.9%

Shares of Linde stock opened at $453.82 on Monday. The company has a fifty day simple moving average of $474.45 and a 200-day simple moving average of $464.51. Linde PLC has a 12-month low of $408.65 and a 12-month high of $487.49. 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 stock has a market cap of $212.80 billion, a price-to-earnings ratio of 32.28, a PEG ratio of 3.00 and a beta of 0.93.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The business had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same quarter in the prior year, the business posted $3.85 EPS. The company’s revenue for the quarter 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. On average, equities analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a $1.50 dividend. The ex-dividend date was Thursday, September 4th. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio is presently 42.67%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a research note on Wednesday, October 8th. UBS Group lowered their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a report on Monday, October 6th. JPMorgan Chase & Co. boosted their price target on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Finally, Citigroup boosted their price target on shares of Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $520.00.

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.