Guyasuta Investment Advisors Inc. Makes New Investment in Linde PLC $LIN

Guyasuta Investment Advisors Inc. acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 90,825 shares of the basic materials company’s stock, valued at approximately $43,110,000. Linde makes up approximately 2.5% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 10th biggest holding.

Other hedge funds have also modified their holdings of the company. Legacy Wealth Managment LLC ID lifted its holdings in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the last quarter. Principia Wealth Advisory LLC boosted its position in shares of Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 23 shares during the period. Marquette Asset Management LLC purchased a new position in Linde in the 3rd quarter worth about $29,000. Manning & Napier Advisors LLC increased its stake in Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 58 shares in the last quarter. Finally, Polaris Financial Partners purchased a new position in Linde in the 3rd quarter worth about $31,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on LIN shares. DZ Bank restated a “neutral” rating on shares of Linde in a report on Thursday, August 6th. Citigroup reduced their price objective on shares of Linde from $580.00 to $560.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Bank of America raised their target price on shares of Linde from $532.00 to $550.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Barclays began coverage on shares of Linde in a research report on Monday. They issued an “overweight” rating and a $577.00 target price on the stock. Finally, UBS Group dropped their target price on shares of Linde from $612.00 to $574.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $547.10.

Linde Price Performance

Shares of NASDAQ:LIN opened at $493.22 on Friday. The company’s fifty day moving average is $478.35 and its two-hundred day moving average is $498.15. The company has a market cap of $227.36 billion, a P/E ratio of 31.86, a price-to-earnings-growth ratio of 2.87 and a beta of 0.71. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

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

Trending Headlines about Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays upgraded Linde to “strong buy,” signaling increased confidence in the industrial-gases producer’s earnings outlook and business durability. Barclays upgrade report
• Positive Sentiment: Royal Bank of Canada retained an “outperform” rating and its revised $549 target still implies meaningful upside from the current share price, despite the modest target reduction. RBC analyst action
• Positive Sentiment: A recent article highlighted Linde’s exposure to industrial gases and long-term secular growth trends, reinforcing the company’s positioning in essential industrial markets. Linde adds exposure to industrial gases and secular growth trends
• Positive Sentiment: Linde was featured among dividend companies viewed as capable of raising prices without materially damaging demand, supporting its defensive appeal and potential for continued cash-flow growth. Five boring dividend stocks that could keep growing
• Neutral Sentiment: Analyst-rating coverage remains an important focus for investors, but the available report provides no specific new earnings or valuation forecast. What investment firms are saying about Linde
• Negative Sentiment: One valuation-focused analysis argued that Linde appears fully valued on current earnings. With a reported forward-looking valuation near 32 times earnings, this could limit upside and make the stock sensitive to weaker growth or disappointing guidance. Linde stock looks fully valued on current earnings

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.