Sapient Capital LLC Sells 1,610 Shares of Linde PLC $LIN

Sapient Capital LLC decreased its stake in Linde PLC (NASDAQ:LIN) by 37.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,716 shares of the basic materials company’s stock after selling 1,610 shares during the period. Sapient Capital LLC’s holdings in Linde were worth $1,409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of Linde in the 4th quarter worth about $2,752,000. Revolve Wealth Partners LLC lifted its holdings in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in Linde by 19.3% in the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC boosted its position in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after buying an additional 175 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $492.46 on Tuesday. The company has a market capitalization of $227.01 billion, a price-to-earnings ratio of 31.81, a P/E/G ratio of 3.09 and a beta of 0.72. The firm’s 50 day simple moving average is $513.09 and its 200 day simple moving average is $498.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the prior year, the firm earned $4.09 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, sell-side analysts forecast that Linde PLC will post 17.84 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s payout ratio is presently 41.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on LIN shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Citigroup reduced their price objective on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Evercore restated an “outperform” rating and set a $525.00 target price on shares of Linde in a report on Friday, July 10th. JPMorgan Chase & Co. raised their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, UBS Group set a $612.00 price target on Linde in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $545.38.

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.