Matrix Private Capital Group LLC Makes New Investment in Linde PLC $LIN

Matrix Private Capital Group LLC acquired a new stake in Linde PLC (NASDAQ:LIN) during the 1st quarter, Holdings Channel.com reports. The firm acquired 1,198 shares of the basic materials company’s stock, valued at approximately $594,000.

A number of other large investors have also made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the 2nd quarter worth about $25,000. Legacy Wealth Managment LLC ID raised its position in shares of Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares during the last quarter. Triumph Capital Management lifted 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 buying an additional 27 shares during the period. Strengthening Families & Communities LLC lifted its stake in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the period. Finally, High Note Wealth LLC boosted its position in Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 38 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Up 1.2%

NASDAQ LIN opened at $512.28 on Friday. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The company’s 50 day moving average price is $516.05 and its 200 day moving average price is $493.94. 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 firm has a market capitalization of $236.85 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 3.23 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 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 return on equity of 19.80% and a net margin of 20.44%.The firm’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. On average, sell-side analysts predict that Linde PLC will post 17.89 EPS for the current year.

Linde Dividend Announcement

The firm 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 was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s payout ratio is currently 42.50%.

Analyst Ratings Changes

LIN has been the topic of several analyst reports. Seaport Research Partners raised their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Sanford C. Bernstein set a $559.00 price target on Linde in a research note on Friday, July 17th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Citigroup initiated coverage on Linde in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $548.67.

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.