Linde PLC $LIN Stock Position Raised by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. increased its stake in Linde PLC (NASDAQ:LIN) by 19.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,150 shares of the basic materials company’s stock after acquiring an additional 1,970 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Linde were worth $6,024,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC raised its holdings in Linde by 1,450.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after buying an additional 58 shares during the period. Triumph Capital Management raised its holdings in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the period. Strengthening Families & Communities LLC lifted its stake in Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares in the last quarter. Finally, High Note Wealth LLC lifted its stake in Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LIN shares. JPMorgan Chase & Co. lifted their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Seaport Research Partners raised their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Citigroup initiated coverage on shares of Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. Sanford C. Bernstein set a $559.00 price objective on shares of Linde in a research report on Friday. Finally, UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $548.67.

Linde Stock Performance

Shares of NASDAQ LIN opened at $513.22 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The business has a 50-day moving average price of $515.95 and a two-hundred day moving average price of $491.54. The firm has a market capitalization of $237.29 billion, a PE ratio of 34.08, a PEG ratio of 3.22 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend 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.