Linde PLC $LIN Stock Position Raised by Burling Wealth Partners LLC

Burling Wealth Partners LLC increased its position in Linde PLC (NASDAQ:LIN) by 17.4% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 9,545 shares of the basic materials company’s stock after purchasing an additional 1,413 shares during the period. Burling Wealth Partners LLC’s holdings in Linde were worth $4,732,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LIN. Meadowbrook Advisors Group LLC lifted its holdings in shares of Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock valued at $253,000 after purchasing an additional 21 shares in the last quarter. Blalock Williams LLC grew its holdings in shares of Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares in the last quarter. Mutual Advisors LLC raised its position in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares during the period. Valmark Advisers Inc. raised its position in Linde by 0.5% during the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after buying an additional 22 shares during the period. Finally, Binnacle Investments Inc raised its position in Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the period. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on LIN. Seaport Research Partners raised their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Sanford C. Bernstein set a $559.00 target price on Linde in a report on Friday. UBS Group reissued a “buy” rating and issued a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of Linde in a report on Friday. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $548.67.

Linde Trading Down 0.2%

NASDAQ:LIN opened at $512.05 on Tuesday. The stock’s 50 day moving average price is $516.10 and its 200 day moving average price is $492.13. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20. The company has a market capitalization of $236.74 billion, a P/E ratio of 34.00, a P/E/G ratio of 3.22 and a beta of 0.72. 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 (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for 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 company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the firm 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, research analysts forecast that Linde PLC will post 17.88 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a dividend of $1.60 per share. The ex-dividend date was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) 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.