Regent Peak Wealth Advisors LLC Purchases Shares of 1,819 Linde PLC $LIN

Regent Peak Wealth Advisors LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,819 shares of the basic materials company’s stock, valued at approximately $864,000.

Several other large investors also recently modified their holdings of LIN. Darwin Wealth Management LLC acquired a new position in Linde in the 2nd quarter valued at about $25,000. eCIO Inc. acquired a new stake in Linde during the first quarter worth approximately $45,000. Howard Hughes Medical Institute bought a new stake in shares of Linde during the second quarter worth approximately $48,000. Nova Wealth Management Inc. acquired a new position in shares of Linde in the first quarter valued at approximately $52,000. Finally, Activest Wealth Management increased its stake in shares of Linde by 5,800.0% during the first quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 116 shares during the period. 82.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LIN. Mizuho set a $495.00 price target on Linde in a research note on Thursday, December 11th. UBS Group reissued a “buy” rating on shares of Linde in a research note on Friday, December 12th. CICC Research initiated coverage on shares of Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective for the company. Seaport Res Ptn raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Finally, Weiss Ratings cut shares of Linde from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $501.00.

Linde Stock Performance

Shares of LIN stock opened at $420.82 on Friday. The stock has a market capitalization of $196.50 billion, a PE ratio of 28.19, a PEG ratio of 3.26 and a beta of 0.85. The business’s 50 day simple moving average is $420.03 and its 200 day simple moving average is $452.93. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.82 and a quick ratio of 0.69. Linde PLC has a one year low of $387.78 and a one year high of $486.38.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, October 31st. The basic materials company reported $4.21 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.03. The company had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. Linde had a net margin of 21.17% and a return on equity of 19.38%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $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. As a group, research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were paid a $1.50 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.4%. Linde’s payout ratio is currently 40.19%.

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.