FSM Wealth Advisors LLC Acquires 102 Shares of Linde PLC $LIN

FSM Wealth Advisors LLC grew its position in Linde PLC (NASDAQ:LIN) by 14.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 788 shares of the basic materials company’s stock after purchasing an additional 102 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Linde were worth $370,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. North Capital Inc. bought a new position in Linde in the 1st quarter worth $25,000. Abound Financial LLC acquired a new stake in shares of Linde in the first quarter valued at about $41,000. eCIO Inc. acquired a new stake in shares of Linde in the first quarter valued at about $45,000. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Linde by 445.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 89 shares during the period. Finally, Nova Wealth Management Inc. acquired a new position in shares of Linde during the 1st quarter worth about $52,000. 82.80% of the stock is owned by institutional investors.

Insider Activity at Linde

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

Linde Price Performance

Shares of Linde stock opened at $450.08 on Friday. The stock has a market capitalization of $211.05 billion, a price-to-earnings ratio of 32.01, a P/E/G ratio of 2.97 and a beta of 0.93. The firm’s 50-day moving average price is $470.78 and its two-hundred day moving average price is $464.12. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. Linde PLC has a 1-year low of $408.65 and a 1-year high of $486.38.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, topping the consensus estimate of $4.03 by $0.06. The business had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.Linde’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $3.85 EPS. 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 predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on LIN. Citigroup raised their target price on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a research report on Wednesday, October 8th. JPMorgan Chase & Co. increased their price target on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, UBS Group cut their price target on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus 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.