Linde PLC $LIN Shares Bought by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC grew its stake in shares of Linde PLC (NASDAQ:LIN) by 41.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,741 shares of the basic materials company’s stock after acquiring an additional 1,100 shares during the period. Resonant Capital Advisors LLC’s holdings in Linde were worth $1,855,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LIN. Meadowbrook Advisors Group LLC increased its holdings in shares of Linde by 4.3% in the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares in the last quarter. Blalock Williams LLC boosted its holdings in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after buying an additional 22 shares in the last quarter. Mutual Advisors LLC boosted its holdings in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after buying an additional 22 shares in the last quarter. Binnacle Investments Inc grew its position in Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares during the period. Finally, Baldwin Wealth Partners LLC MA grew its position in Linde by 3.3% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after buying an additional 23 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Price Performance

Shares of NASDAQ LIN traded down $1.51 on Tuesday, hitting $539.01. The company’s stock had a trading volume of 641,242 shares, compared to its average volume of 2,464,759. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company has a market capitalization of $249.21 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The stock has a 50 day moving average of $511.51 and a 200-day moving average of $484.30.

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

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s payout ratio is 42.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. Citigroup began coverage on Linde in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. JPMorgan Chase & Co. upped their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $543.27.

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.