S.E.E.D. Planning Group LLC Increases Stock Holdings in Linde PLC $LIN

S.E.E.D. Planning Group LLC increased its stake in Linde PLC (NASDAQ:LIN) by 76.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,107 shares of the basic materials company’s stock after acquiring an additional 10,848 shares during the quarter. Linde makes up about 3.5% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 11th biggest holding. S.E.E.D. Planning Group LLC’s holdings in Linde were worth $11,926,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Linde by 0.7% in the second quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock valued at $20,943,654,000 after purchasing an additional 292,492 shares during the period. Norges Bank purchased a new position in Linde in the 2nd quarter valued at about $3,098,772,000. Invesco Ltd. boosted its holdings in Linde by 4.8% in the 2nd quarter. Invesco Ltd. now owns 4,044,833 shares of the basic materials company’s stock worth $1,897,755,000 after buying an additional 185,294 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Linde by 0.7% in the 2nd quarter. Franklin Resources Inc. now owns 3,718,376 shares of the basic materials company’s stock worth $1,744,588,000 after buying an additional 24,046 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Linde by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,605,118 shares of the basic materials company’s stock worth $1,690,961,000 after buying an additional 40,216 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LIN shares. Citigroup decreased their target price on Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. Mizuho set a $495.00 price objective on Linde in a research note on Thursday, December 11th. Royal Bank Of Canada decreased their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. JPMorgan Chase & Co. lowered their target price on shares of Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Finally, UBS Group reaffirmed a “buy” rating on shares of Linde in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $501.00.

Linde Stock Performance

NASDAQ LIN opened at $421.43 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The stock’s fifty day moving average is $422.46 and its two-hundred day moving average is $454.05. The firm has a market capitalization of $196.79 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 3.23 and a beta of 0.85. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $486.38.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 EPS for the quarter, topping the consensus estimate of $4.18 by $0.03. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. Linde had a return on equity of 19.38% and a net margin of 21.17%.The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.94 EPS. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. On average, research analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd were paid a dividend of $1.50 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.4%. Linde’s payout ratio is 40.19%.

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.