Evelyn Partners Investment Management Services Ltd Decreases Holdings in Linde PLC $LIN

Evelyn Partners Investment Management Services Ltd decreased its holdings in shares of Linde PLC (NASDAQ:LIN) by 17.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 11,776 shares of the basic materials company’s stock after selling 2,495 shares during the quarter. Evelyn Partners Investment Management Services Ltd’s holdings in Linde were worth $5,838,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. Legacy Wealth Managment LLC ID raised its stake in Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 28 shares in the last quarter. Triumph Capital Management raised its stake in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. Strengthening Families & Communities LLC lifted its position in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the last quarter. Finally, High Note Wealth LLC boosted its stake in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 38 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ LIN opened at $507.02 on Tuesday. The firm has a market cap of $234.42 billion, a P/E ratio of 33.67, a P/E/G ratio of 3.23 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The business’s 50-day moving average price is $515.98 and its 200 day moving average price is $494.86. 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 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. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the prior year, the business earned $3.95 EPS. The firm’s revenue was up 8.2% compared to the same quarter last year. 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, equities research analysts expect that Linde PLC will post 17.89 earnings per share for the current year.

Analyst Ratings Changes

LIN has been the subject of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. UBS Group reiterated a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $548.67.

About Linde

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.