Strategic Investment Advisors MI Acquires 1,506 Shares of Linde PLC $LIN

Strategic Investment Advisors MI raised its holdings in shares of Linde PLC (NASDAQ:LIN) by 101.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,991 shares of the basic materials company’s stock after purchasing an additional 1,506 shares during the quarter. Strategic Investment Advisors MI’s holdings in Linde were worth $1,482,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Linde in a research report on Friday, July 17th. Finally, Sanford C. Bernstein set a $559.00 price target on Linde in a research note on Friday, July 17th. 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 a consensus rating of “Buy” and a consensus target price of $548.67.

Linde Stock Performance

LIN opened at $511.17 on Thursday. 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 PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The firm has a fifty day moving average price of $516.17 and a 200 day moving average price of $495.91. The stock has a market cap of $236.34 billion, a P/E ratio of 33.94, a P/E/G ratio of 3.23 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the company earned $3.95 earnings per share. Linde’s quarterly 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 research analysts anticipate that Linde PLC will post 17.89 earnings per share for the current year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a $1.60 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. 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.