2,080 Linde PLC $LIN Shares Bought by Signal Advisors Wealth LLC

Key Points

• Signal Advisors Wealth LLC increased its Linde stake by 17.1% in the third quarter, purchasing 2,080 shares and bringing its holdings to 14,256 shares valued at approximately $6.77 million. Institutional investors collectively own 82.8% of Linde.
• Analysts remain broadly bullish, with an average rating of “Buy” and an average price target of $547.29, despite some firms recently lowering their targets.
• Linde reported quarterly revenue of $9.29 billion and EPS of $4.50, exceeding consensus estimates, while revenue increased 9.3% year over year. The company also pays a quarterly dividend of $1.60 per share, equivalent to a 1.3% yield.

Signal Advisors Wealth LLC raised its stake in shares of Linde PLC (NASDAQ:LIN - Free Report) by 17.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 14,256 shares of the basic materials company's stock after buying an additional 2,080 shares during the period. Signal Advisors Wealth LLC's holdings in Linde were worth $6,767,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Atwood & Palmer Inc. grew 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 raised its position in Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company's stock valued at $253,000 after acquiring an additional 21 shares in the last quarter. 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 acquiring an additional 22 shares in the last quarter. Ellenbecker Investment Group lifted its holdings in Linde by 3.7% in the first quarter. Ellenbecker Investment Group now owns 652 shares of the basic materials company's stock valued at $323,000 after acquiring an additional 23 shares during the period. Finally, Principia Wealth Advisory LLC lifted its holdings in Linde by 74.2% in the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company's stock valued at $28,000 after acquiring an additional 23 shares during the period. Institutional investors and hedge funds own 82.80% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on LIN. The Goldman Sachs Group set a $580.00 price objective on Linde and gave the stock a "buy" rating in a research report on Monday, August 10th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Linde in a report on Thursday, October 8th. Berenberg Bank reiterated a "buy" rating on shares of Linde in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Linde from $580.00 to $575.00 and set a "buy" rating for the company in a research note on Monday, August 3rd. Finally, Citigroup lowered their price target on shares of Linde from $580.00 to $560.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Linde has an average rating of "Buy" and an average target price of $547.29.

Linde Price Performance

Shares of Linde stock opened at $492.11 on Wednesday. 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 PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The business has a 50-day moving average price of $478.25 and a 200 day moving average price of $498.15. The firm has a market cap of $226.85 billion, a PE ratio of 31.79, a P/E/G ratio of 2.84 and a beta of 0.71.

Linde (NASDAQ:LIN - Get Free Report) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts' consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%. The company had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.02 billion. During the same quarter in the prior year, the firm posted $4.09 EPS. Linde's quarterly revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Sell-side analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.3%. Linde's dividend payout ratio (DPR) is 41.34%.

About Linde

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.

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