Compass Capital Management Inc. Has $58.74 Million Stock Holdings in Linde PLC $LIN

Compass Capital Management Inc. reduced its position in Linde PLC (NASDAQ:LIN) by 0.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 125,188 shares of the basic materials company’s stock after selling 770 shares during the period. Linde accounts for 3.1% of Compass Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Compass Capital Management Inc.’s holdings in Linde were worth $58,736,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. eCIO Inc. acquired a new stake in Linde in the first quarter worth about $45,000. Clal Insurance Enterprises Holdings Ltd lifted its position in Linde by 445.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock valued at $51,000 after purchasing an additional 89 shares during the period. Nova Wealth Management Inc. bought a new position in shares of Linde in the 1st quarter valued at about $52,000. Costello Asset Management INC acquired a new stake in shares of Linde during the 1st quarter worth approximately $54,000. Finally, Activest Wealth Management grew its position in shares of Linde by 5,800.0% during the 1st quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after buying an additional 116 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN stock opened at $420.51 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. Linde PLC has a 12-month low of $408.65 and a 12-month high of $486.38. The firm has a fifty day moving average of $459.02 and a 200-day moving average of $463.43. The firm has a market capitalization of $196.36 billion, a price-to-earnings ratio of 29.91, a price-to-earnings-growth ratio of 2.85 and a beta of 0.91.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.03. Linde had a return on equity of 19.09% and a net margin of 20.20%.The firm had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. During the same period in the previous year, the company posted $3.94 earnings per share. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. On average, equities research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a $1.50 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.4%. Linde’s payout ratio is currently 40.19%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LIN. Seaport Res Ptn upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada cut their price target on Linde from $576.00 to $540.00 and set an “outperform” rating on the stock in a research note on Thursday. UBS Group reduced their price target on Linde from $510.00 to $507.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a research note on Monday, November 3rd. Finally, JPMorgan Chase & Co. cut their target price on Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Linde currently has an average rating of “Buy” and an average target price of $508.83.

Linde Profile

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.