2,060 Linde PLC $LIN Shares Acquired by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC raised its holdings in Linde PLC (NASDAQ:LIN) by 7.7% during the third quarter, Holdings Channel reports. The institutional investor owned 28,905 shares of the basic materials company’s stock after buying an additional 2,060 shares during the quarter. Linde makes up about 3.2% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 9th largest position. S.E.E.D. Planning Group LLC’s holdings in Linde were worth $13,720,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LIN. Atwood & Palmer Inc. lifted its holdings in Linde by 12.9% during the second quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock worth $91,000 after acquiring an additional 20 shares during the period. Meadowbrook Advisors Group LLC increased its position in shares of Linde by 4.3% during the 1st 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 during the last quarter. Valmark Advisers Inc. increased its position in shares of Linde by 0.5% during the 1st 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 during the last quarter. Ellenbecker Investment Group raised its stake in shares of Linde by 3.7% during the 1st quarter. Ellenbecker Investment Group now owns 652 shares of the basic materials company’s stock worth $323,000 after purchasing an additional 23 shares during the period. Finally, Principia Wealth Advisory LLC raised its stake in shares of Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 23 shares during the period. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on LIN shares. Citigroup reduced their price target on shares of Linde from $600.00 to $580.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Evercore boosted their target price on shares of Linde from $515.00 to $525.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Rothschild & Co Redburn increased their target price on shares of Linde from $550.00 to $560.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. The Goldman Sachs Group set a $580.00 price target on shares of Linde and gave the stock a “buy” rating in a research note on Monday, August 10th. Finally, Argus lowered their price target on shares of Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a report on Monday, September 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $546.80.

Linde Stock Performance

Linde stock traded down $1.54 during midday trading on Wednesday, reaching $488.41. The stock had a trading volume of 762,734 shares, compared to its average volume of 2,335,214. The firm has a market capitalization of $225.15 billion, a PE ratio of 31.54, a P/E/G ratio of 2.81 and a beta of 0.71. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The firm’s 50-day moving average price is $478.94 and its 200 day moving average price is $498.15.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.01. The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s revenue was up 9.3% on a year-over-year basis. During the same quarter last 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. As a group, research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $1.60 per share. The ex-dividend date was Thursday, September 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio is currently 41.34%.

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.