Linde PLC $LIN Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC reduced its stake in Linde PLC (NASDAQ:LIN) by 96.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,296 shares of the basic materials company’s stock after selling 104,535 shares during the quarter. Curated Wealth Partners LLC’s holdings in Linde were worth $1,564,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Mainsail Asset Management LLC acquired a new position in Linde during the 3rd quarter worth $308,000. Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of Linde in the 3rd quarter valued at about $57,186,000. ZWJ Investment Counsel Inc. acquired a new position in shares of Linde in the 3rd quarter valued at $2,334,000. Triangle Securities Wealth Management purchased a new position in Linde during the 3rd quarter worth $2,444,000. Finally, Mather Group LLC. purchased a new position in shares of Linde during the third quarter worth about $881,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde News Roundup

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays upgraded Linde to “strong buy,” strengthening the bullish analyst outlook and suggesting confidence in the company’s industrial-gas growth prospects.
• Positive Sentiment: Royal Bank of Canada maintained an “outperform” rating. Although it reduced its price target from $553 to $549, the target still implies approximately 10% upside from recent trading levels.
• Positive Sentiment: Investors continue to view Linde as a potential beneficiary of secular growth in industrial gases, including demand linked to manufacturing, energy transition projects, and healthcare. Linde plc Adds Exposure to Industrial Gases and Secular Growth Trends
• Positive Sentiment: A report highlighted Linde’s role in supporting artificial-intelligence infrastructure, potentially reinforcing the long-term investment case for demand from data centers and related industrial activity. Linde is Powering the AI Revolution
• Positive Sentiment: Linde’s supply of 20 explosion-proof forklifts to Iraq’s Ministry of Oil indicates an additional industrial customer relationship, though the financial impact is likely limited relative to the company’s overall scale. Linde Supplies Forklifts to Iraq’s Ministry of Oil
• Neutral Sentiment: Coverage of investment-firm opinions reflects continued institutional attention on Linde but does not identify a major change in consensus. What Are Investment Firms Saying About Linde?
• Negative Sentiment: One analysis argued that Linde looks fully valued based on current earnings, raising concerns that the stock’s premium valuation may already reflect much of its expected growth. Linde Stock Looks Fully Valued on Current Earnings

Analyst Upgrades and Downgrades

LIN has been the subject of several recent research reports. Barclays initiated coverage on Linde in a report on Monday. They set an “overweight” rating and a $577.00 price target for the company. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. KeyCorp initiated coverage on shares of Linde in a research note on Thursday, September 10th. They issued an “overweight” rating and a $542.00 price objective on the stock. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research report on Monday, October 5th. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $547.10.

Linde Stock Up 0.6%

Shares of NASDAQ LIN traded up $2.96 during trading on Thursday, reaching $495.67. 789,266 shares of the stock were exchanged, compared to its average volume of 2,320,003. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $228.49 billion, a price-to-earnings ratio of 32.02, a price-to-earnings-growth ratio of 2.87 and a beta of 0.71. The business’s 50-day moving average price is $478.29 and its 200 day moving average price is $498.13.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.09 earnings per share. 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, equities analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is currently 41.34%.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.