Guyasuta Investment Advisors Inc. Lowers Holdings in Linde PLC $LIN

Guyasuta Investment Advisors Inc. trimmed its holdings in Linde PLC (NASDAQ:LIN) by 1.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 91,077 shares of the basic materials company’s stock after selling 1,739 shares during the quarter. Linde makes up approximately 2.6% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 11th biggest position. Guyasuta Investment Advisors Inc.’s holdings in Linde were worth $45,152,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter worth $25,000. Triumph Capital Management grew its stake in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in Linde during the third quarter valued at $29,000. Saranac Partners Ltd bought a new stake in Linde in the 3rd quarter valued at $29,000. Finally, Strengthening Families & Communities LLC increased its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on LIN shares. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. BMO Capital Markets restated an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Finally, Citigroup lifted their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Linde currently has an average rating of “Buy” and an average price target of $541.91.

Linde Stock Performance

Linde stock opened at $512.90 on Wednesday. The company’s 50-day moving average price is $506.92 and its 200-day moving average price is $477.24. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.87. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a market cap of $237.14 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 3.24 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 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter last year, the firm earned $3.95 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed 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 dividend payout ratio is 42.50%.

Linde 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.