EverSource Wealth Advisors LLC Acquires 1,107 Shares of Linde PLC $LIN

EverSource Wealth Advisors LLC grew its holdings in shares of Linde PLC (NASDAQ:LIN) by 26.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,372 shares of the basic materials company’s stock after purchasing an additional 1,107 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Linde were worth $2,663,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LIN. Darwin Wealth Management LLC purchased a new position in Linde in the second quarter valued at about $25,000. Legacy Wealth Managment LLC ID raised its holdings in shares of Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares during the period. Triumph Capital Management raised its holdings in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares during the period. Strengthening Families & Communities LLC lifted its stake in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the last quarter. Finally, High Note Wealth LLC lifted its stake in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Citigroup began coverage on Linde in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Finally, UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. One 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. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $548.67.

Linde Trading Down 0.0%

NASDAQ:LIN opened at $511.17 on Thursday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The stock’s fifty day moving average price is $516.17 and its two-hundred day moving average price is $495.91. 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 company 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 announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share 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 during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the business earned $3.95 earnings per share. The firm’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. As a group, analysts expect that Linde PLC will post 17.89 EPS for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde’s payout ratio is presently 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.