Linde PLC $LIN Shares Acquired by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC increased its position in Linde PLC (NASDAQ:LIN) by 41.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 3,741 shares of the basic materials company’s stock after purchasing an additional 1,100 shares during the period. Resonant Capital Advisors LLC’s holdings in Linde were worth $1,855,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meadowbrook Advisors Group LLC grew its stake 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 buying an additional 21 shares during the last quarter. Blalock Williams LLC lifted its stake in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares during the last quarter. Mutual Advisors LLC lifted its stake in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares during the last quarter. Binnacle Investments Inc boosted its holdings in shares of Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after acquiring an additional 22 shares during the period. Finally, Baldwin Wealth Partners LLC MA boosted its holdings in shares of Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after acquiring an additional 23 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada lifted their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. UBS Group reiterated a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Citigroup assumed coverage on shares of Linde in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. Seaport Research Partners lifted their price objective on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Linde currently has an average rating of “Buy” and an average price target of $543.27.

Linde Stock Performance

Shares of NASDAQ:LIN traded down $1.51 during trading on Tuesday, reaching $539.01. The company had a trading volume of 641,242 shares, compared to its average volume of 2,464,759. The firm has a market capitalization of $249.21 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 3.43 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. The stock’s fifty day moving average price is $511.51 and its 200 day moving average price is $484.30. 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 quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping 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 firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same period last year, the company earned $3.95 earnings per share. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. 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, equities research analysts predict that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid 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 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.