S&CO Inc. Takes Position in Linde PLC $LIN

S&CO Inc. purchased a new stake in Linde PLC (NASDAQ:LIN) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 26,139 shares of the basic materials company’s stock, valued at approximately $13,564,000.

Other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of Linde in the 2nd quarter worth approximately $25,000. Triumph Capital Management boosted its position in Linde by 69.2% during 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. Legacy Wealth Managment LLC ID grew its stake in Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after buying an additional 28 shares during the last quarter. Strengthening Families & Communities LLC grew its stake in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the last quarter. Finally, High Note Wealth LLC increased its position in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares during the period. Institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on LIN. The Goldman Sachs Group set a $580.00 target price on Linde in a research note on Monday, August 10th. UBS Group set a $612.00 price target on shares of Linde in a research report on Monday, August 3rd. JPMorgan Chase & Co. increased their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Evercore reiterated an “outperform” rating and issued a $525.00 price objective on shares of Linde in a research report on Friday, July 10th. Finally, BMO Capital Markets cut their price objective on shares of Linde from $560.00 to $546.00 and set an “outperform” rating on the stock in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $545.38.

Linde Stock Up 0.9%

LIN opened at $482.74 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The stock has a market cap of $222.53 billion, a P/E ratio of 31.18, a P/E/G ratio of 3.04 and a beta of 0.72. The stock’s 50 day moving average price is $511.33 and its 200 day moving average price is $499.35.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the previous year, the business earned $4.09 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, research analysts predict that Linde PLC will post 17.85 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is 41.34%.

Linde Company Profile

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.