Ibex Wealth Advisors Invests $5.26 Million in Linde PLC $LIN

Ibex Wealth Advisors bought a new stake in shares of Linde PLC (NASDAQ:LIN) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,621 shares of the basic materials company’s stock, valued at approximately $5,265,000.

A number of other institutional investors have also recently made changes to their positions in LIN. Darwin Wealth Management LLC purchased a new position in Linde during the 2nd quarter valued at $25,000. Triumph Capital Management increased its stake in Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the third quarter worth $29,000. Saranac Partners Ltd bought a new stake in shares of Linde during the third quarter worth $29,000. Finally, Strengthening Families & Communities LLC lifted its position in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.4%

Shares of NASDAQ LIN opened at $525.56 on Friday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The business has a fifty day moving average price of $513.36 and a 200 day moving average price of $487.44. The stock has a market capitalization of $242.99 billion, a P/E ratio of 34.90, a price-to-earnings-growth ratio of 3.31 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.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates 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 firm earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target 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 assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $543.27.

Linde 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.