Hilltop Holdings Inc. Sells 16,663 Shares of Linde PLC $LIN

Hilltop Holdings Inc. lowered its stake in shares of Linde PLC (NASDAQ:LIN) by 95.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 822 shares of the basic materials company’s stock after selling 16,663 shares during the period. Hilltop Holdings Inc.’s holdings in Linde were worth $408,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Darwin Wealth Management LLC purchased a new stake in shares of Linde in the second quarter worth about $25,000. Triumph Capital Management increased its holdings 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 during the period. Legacy Wealth Managment LLC ID lifted its stake in Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares in the last quarter. Strengthening Families & Communities LLC boosted its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. Finally, High Note Wealth LLC boosted its holdings in Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares during the period. 82.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on LIN. Citigroup initiated coverage on shares of Linde in a report on Wednesday, June 24th. They issued an “overweight” rating on the stock. Seaport Research Partners boosted their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $548.67.

Linde Stock Performance

Linde stock opened at $507.02 on Tuesday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. 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 stock has a market cap of $234.42 billion, a P/E ratio of 33.67, a price-to-earnings-growth ratio of 3.23 and a beta of 0.72. The firm’s fifty day moving average price is $515.98 and its 200-day moving average price is $494.86.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $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, equities research analysts expect that Linde PLC will post 17.89 earnings per share for the current fiscal year.

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.