Signet Private Wealth LLC Invests $701,000 in Linde PLC $LIN

Signet Private Wealth LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,645 shares of the basic materials company’s stock, valued at approximately $701,000.

A number of other institutional investors also recently made changes to their positions in LIN. Norges Bank bought a new stake in shares of Linde during the fourth quarter worth approximately $3,246,750,000. SG Americas Securities LLC boosted its holdings in shares of Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after acquiring an additional 2,401,894 shares during the period. Capital International Investors boosted its holdings in shares of Linde by 20.1% during the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares during the period. Deutsche Bank AG boosted its holdings in shares of Linde by 40.2% during the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after acquiring an additional 1,130,001 shares during the period. Finally, Lazard Asset Management LLC bought a new stake in shares of Linde during the third quarter worth approximately $453,274,000. Institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LIN. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $541.91.

Linde Trading Down 1.2%

Shares of LIN stock opened at $509.16 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a market cap of $235.41 billion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72. The stock has a 50 day simple moving average of $503.87 and a 200 day simple moving average of $470.42. Linde PLC has a 1 year low of $387.78 and a 1 year high of $522.89.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous 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, research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

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.