Procyon Advisors LLC Buys 1,544 Shares of Linde PLC $LIN

Procyon Advisors LLC increased its stake in Linde PLC (NASDAQ:LIN) by 136.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,672 shares of the basic materials company’s stock after buying an additional 1,544 shares during the period. Procyon Advisors LLC’s holdings in Linde were worth $1,325,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in Linde in the 2nd quarter worth about $25,000. Triumph Capital Management raised its stake in shares of 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 stake in shares of Linde in the third quarter valued at approximately $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC grew 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 worth $29,000 after purchasing an additional 39 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

LIN has been the topic of several research reports. Citigroup assumed coverage on Linde in a report on Wednesday, June 24th. They set an “overweight” rating on the stock. Royal Bank Of Canada upped their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Evercore reissued an “outperform” rating and set a $525.00 price target on shares of Linde in a research report on Friday. Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, BMO Capital Markets restated an “outperform” rating and set a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Linde presently has an average rating of “Buy” and an average price target of $541.75.

Linde Price Performance

Shares of LIN opened at $524.06 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a 50 day moving average price of $514.32 and a 200-day moving average price of $488.88. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock has a market capitalization of $242.30 billion, a PE ratio of 34.80, a PEG ratio of 3.33 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The company 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%. Linde’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a $1.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is currently 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.