CHICAGO TRUST Co NA Has $986,000 Stock Holdings in Linde PLC $LIN

CHICAGO TRUST Co NA decreased its holdings in shares of Linde PLC (NASDAQ:LIN) by 45.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,988 shares of the basic materials company’s stock after selling 1,673 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Linde were worth $986,000 at the end of the most recent quarter.

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

Linde Stock Performance

NASDAQ LIN opened at $533.55 on Thursday. The stock has a market cap of $246.69 billion, a P/E ratio of 35.43, a PEG ratio of 3.26 and a beta of 0.72. The company’s 50-day simple moving average is $509.44 and its 200 day simple moving average is $482.47. Linde PLC has a twelve month low of $387.78 and a twelve month high of $538.95. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. The business 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%.Linde’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $3.95 EPS. 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 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 issued a dividend of $1.60 per share. The ex-dividend date of this dividend 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 presently 42.50%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Seaport Research Partners upped their price objective on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Linde presently has an average rating of “Buy” and a consensus price target of $543.27.

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.