SG Trading Solutions LLC Invests $960,000 in Linde PLC $LIN

SG Trading Solutions LLC purchased a new stake in Linde PLC (NASDAQ:LIN) in the 4th quarter, Holdings Channel reports. The fund purchased 2,252 shares of the basic materials company’s stock, valued at approximately $960,000.

A number of other institutional investors have also recently modified their holdings of LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter worth $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd purchased a new position in shares of Linde in the 3rd quarter valued at about $29,000. Triumph Capital Management lifted its stake in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the period. Finally, Caitlin John LLC acquired a new stake in shares of Linde in the third quarter valued at about $32,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LIN shares. Citigroup boosted their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada upped their price target on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Linde has an average rating of “Buy” and a consensus price target of $541.91.

Linde Trading Down 0.7%

Shares of LIN stock opened at $512.15 on Friday. The stock has a market cap of $236.79 billion, a P/E ratio of 34.01, a P/E/G ratio of 3.24 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87. The business has a fifty day simple moving average of $506.23 and a 200-day simple moving average of $475.01.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a dividend of $1.60 per share. The ex-dividend date was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s payout ratio is presently 42.50%.

About Linde

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.