Resources Management Corp CT ADV Has $1.21 Million Holdings in Linde PLC $LIN

Resources Management Corp CT ADV lowered its position in shares of Linde PLC (NASDAQ:LIN) by 95.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,828 shares of the basic materials company’s stock after selling 62,894 shares during the quarter. Resources Management Corp CT ADV’s holdings in Linde were worth $1,206,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd acquired a new position in shares of Linde in the 3rd quarter valued at about $29,000. Triumph Capital Management increased its holdings in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the period. Finally, Caitlin John LLC acquired a new position in shares of Linde in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $523.57 on Monday. The stock has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. The business has a 50 day simple moving average of $504.86 and a 200 day simple moving average of $471.96. Linde PLC has a 52 week low of $387.78 and a 52 week high of $525.82. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LIN. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Seaport Research Partners upped their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. UBS Group reiterated a “buy” rating and issued a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $541.91.

About Linde

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.