2,728 Shares in Linde PLC $LIN Bought by Trust Co. of Vermont

Trust Co. of Vermont bought a new stake in Linde PLC (NASDAQ:LIN) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 2,728 shares of the basic materials company’s stock, valued at approximately $913,000.

A number of other institutional investors also recently bought and sold shares of LIN. Atwood & Palmer Inc. increased its holdings in shares of Linde by 12.9% in the 2nd quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock valued at $91,000 after acquiring an additional 20 shares during the last quarter. Meadowbrook Advisors Group LLC lifted its stake in Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares during the last quarter. Blalock Williams LLC lifted its stake in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after purchasing an additional 22 shares during the last quarter. Mutual Advisors LLC lifted its stake in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after purchasing an additional 22 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in Linde by 0.5% in the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after purchasing an additional 22 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Trading Up 0.9%

NASDAQ:LIN opened at $478.70 on Wednesday. The company has a market capitalization of $220.67 billion, a PE ratio of 30.92, a P/E/G ratio of 3.04 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 stock’s 50 day moving average price is $510.04 and its 200 day moving average price is $500.00. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The company’s revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, research analysts anticipate that Linde PLC will post 17.85 EPS for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a dividend of $1.60 per share. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is currently 41.34%.

Analysts Set New Price Targets

A number of analysts have weighed in on LIN shares. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. BMO Capital Markets lowered their target price on shares of Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a report on Monday, August 10th. The Goldman Sachs Group set a $580.00 target price on shares of Linde in a research report on Monday, August 10th. Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $545.38.

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.