Calamos Wealth Management LLC Acquires 1,261 Shares of Linde PLC $LIN

Calamos Wealth Management LLC increased its stake in shares of Linde PLC (NASDAQ:LIN) by 3.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,402 shares of the basic materials company’s stock after buying an additional 1,261 shares during the period. Calamos Wealth Management LLC’s holdings in Linde were worth $16,559,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in LIN. Meadowbrook Advisors Group LLC lifted its position in shares of Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares in the last quarter. Blalock Williams LLC raised its position in Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after purchasing an additional 22 shares during the last quarter. Mutual Advisors LLC lifted its holdings in Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after buying an additional 22 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in Linde by 0.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after buying an additional 22 shares in the last quarter. Finally, Binnacle Investments Inc boosted its position in Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

LIN stock opened at $524.06 on Tuesday. The business’s 50-day moving average price is $514.32 and its two-hundred day moving average price is $488.88. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The firm has a market cap of $242.30 billion, a PE ratio of 34.80, a P/E/G ratio of 3.33 and a beta of 0.72. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, research analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently commented on LIN. Royal Bank Of Canada lifted their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lifted their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Citigroup began coverage on Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Evercore restated an “outperform” rating and set a $525.00 target price on shares of Linde in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $541.75.

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.