NTV Asset Management LLC Makes New $630,000 Investment in Linde PLC $LIN

NTV Asset Management LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,327 shares of the basic materials company’s stock, valued at approximately $630,000.

Several other institutional investors have also added to or reduced their stakes in LIN. Principia Wealth Advisory LLC increased its holdings in Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 23 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake 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 valued at $28,000 after purchasing an additional 28 shares during the period. Manning & Napier Advisors LLC raised its stake in shares of Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Marquette Asset Management LLC bought a new stake in shares of Linde in the third quarter valued at about $29,000. Finally, Polaris Financial Partners bought a new stake in shares of Linde in the third quarter valued at about $31,000. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

Linde stock opened at $508.83 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a fifty day simple moving average of $480.55 and a 200 day simple moving average of $498.36. The company has a market cap of $234.56 billion, a P/E ratio of 32.87, a price-to-earnings-growth ratio of 2.97 and a beta of 0.71.

Linde (NASDAQ:LIN) last issued its quarterly 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. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. During the same period in the previous year, the firm posted $4.09 EPS. The company’s revenue for the quarter 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. Research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a $1.60 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 41.34%.

Analyst Ratings Changes

Several research analysts have recently weighed in on LIN shares. UBS Group reduced their price objective on Linde from $612.00 to $574.00 and set a “buy” rating for the company in a research report on Monday, October 5th. Argus dropped their target price on Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. KeyCorp started coverage on Linde in a research report on Thursday, September 10th. They issued an “overweight” rating and a $542.00 target price on the stock. Barclays assumed coverage on Linde in a research note on Monday, October 12th. They issued an “overweight” rating and a $577.00 target price on the stock. Finally, Evercore upped their price target on Linde from $515.00 to $525.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Linde has an average rating of “Buy” and a consensus price target of $547.10.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.