Calamos Wealth Management LLC Has $16.56 Million Holdings in Linde PLC $LIN

Calamos Wealth Management LLC raised its position in Linde PLC (NASDAQ:LIN) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 33,402 shares of the basic materials company’s stock after purchasing an additional 1,261 shares during the period. Calamos Wealth Management LLC’s holdings in Linde were worth $16,559,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Meadowbrook Advisors Group LLC grew its holdings in shares of Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after buying an additional 21 shares in the last quarter. Blalock Williams LLC lifted its stake in Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after acquiring an additional 22 shares in the last quarter. Mutual Advisors LLC lifted its stake in Linde by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after acquiring an additional 22 shares in the last quarter. Valmark Advisers Inc. boosted its position in Linde by 0.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after acquiring an additional 22 shares during the last quarter. Finally, Binnacle Investments Inc boosted its position in Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after acquiring an additional 22 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LIN shares. Evercore reissued an “outperform” rating and issued a $525.00 price objective on shares of Linde in a research report on Friday. Royal Bank Of Canada raised their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Seaport Research Partners raised their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $541.75.

Linde Price Performance

Shares of LIN opened at $524.06 on Tuesday. The firm has a market capitalization of $242.30 billion, a PE ratio of 34.80, a PEG ratio of 3.33 and a beta of 0.72. The company’s 50-day moving average is $514.32 and its 200-day moving average is $488.88. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. 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 announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the firm posted $3.95 EPS. Linde’s 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. Equities analysts forecast that Linde PLC will post 17.86 EPS for the current 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 issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

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.