SG Americas Securities LLC Sells 223,013 Shares of Linde PLC $LIN

SG Americas Securities LLC lessened its holdings in shares of Linde PLC (NASDAQ:LIN) by 9.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,201,856 shares of the basic materials company’s stock after selling 223,013 shares during the quarter. Linde comprises 1.2% of SG Americas Securities LLC’s portfolio, making the stock its 11th biggest holding. SG Americas Securities LLC owned 0.48% of Linde worth $1,091,592,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter valued at approximately $25,000. Triumph Capital Management lifted its holdings in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde during the third quarter worth $29,000. Saranac Partners Ltd bought a new position in shares of Linde during the third quarter worth $29,000. Finally, Strengthening Families & Communities LLC grew its stake in 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 acquiring an additional 39 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LIN. Royal Bank Of Canada lifted their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. UBS Group restated a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus target price of $541.91.

Linde Stock Performance

Shares of LIN opened at $512.15 on Monday. The stock has a market capitalization of $236.79 billion, a PE ratio of 34.01, a P/E/G ratio of 3.21 and a beta of 0.72. The company’s fifty day moving average is $506.46 and its 200 day moving average is $475.75. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87.

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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the business earned $3.95 earnings per share. Linde’s quarterly 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. Sell-side analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend 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.