Linde PLC $LIN Shares Sold by Second Half Financial Partners LLC

Second Half Financial Partners LLC lowered its position in Linde PLC (NASDAQ:LIN) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 633 shares of the basic materials company’s stock after selling 30 shares during the period. Second Half Financial Partners LLC’s holdings in Linde were worth $297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LIN. Brighton Jones LLC purchased a new stake in Linde in the 4th quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC lifted its stake in Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after buying an additional 96 shares in the last quarter. GAMMA Investing LLC lifted its stake in Linde by 25.4% in the 1st quarter. GAMMA Investing LLC now owns 7,336 shares of the basic materials company’s stock valued at $3,416,000 after buying an additional 1,488 shares in the last quarter. West Branch Capital LLC lifted its stake in Linde by 42.5% in the 1st quarter. West Branch Capital LLC now owns 2,955 shares of the basic materials company’s stock valued at $1,376,000 after buying an additional 881 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC lifted its stake in Linde by 58.5% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 7,901 shares of the basic materials company’s stock valued at $3,679,000 after buying an additional 2,917 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.9%

Shares of Linde stock opened at $453.82 on Friday. Linde PLC has a fifty-two week low of $408.65 and a fifty-two week high of $487.49. The firm has a market cap of $212.80 billion, a PE ratio of 32.28, a P/E/G ratio of 3.00 and a beta of 0.93. The business’s fifty day moving average is $474.45 and its two-hundred day moving average is $464.51. 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 (NASDAQ:LIN) last issued its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. The company had revenue of $8.50 billion for the quarter, compared to analyst estimates of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.85 EPS. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 4th. Linde’s dividend payout ratio (DPR) is 42.67%.

Wall Street Analysts Forecast Growth

LIN has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a research note on Wednesday. Citigroup upped their target price on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. increased their price target on Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Finally, 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 note on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $520.00.

Insider Buying and Selling at Linde

In related news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total value of $23,815,274.42. Following the transaction, the director directly owned 480,543 shares of the company’s stock, valued at approximately $227,479,445.34. This trade represents a 9.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.70% of the company’s stock.

About Linde

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.