9,987 Shares of Linde PLC $LIN Bought by Family Capital Trust Co

Key Points

• Family Capital Trust Co. purchased 9,987 Linde shares worth approximately $4.74 million during the third quarter, making Linde 1.5% of its portfolio. Institutional investors collectively own 82.8% of the company.
• Linde reported quarterly revenue of $9.29 billion, up 9.3% year over year, and earnings of $4.50 per share, narrowly exceeding analyst estimates. The company guided to fiscal 2026 earnings of $17.70–$17.90 per share.
• Linde pays a quarterly dividend of $1.60, equivalent to $6.40 annually and a 1.3% yield. Analysts maintain a consensus “Buy” rating with an average price target of $547.10.

Family Capital Trust Co bought a new stake in Linde PLC (NASDAQ:LIN - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,987 shares of the basic materials company's stock, valued at approximately $4,740,000. Linde accounts for about 1.5% of Family Capital Trust Co's portfolio, making the stock its 22nd biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC bought a new stake in Linde during the 3rd quarter worth approximately $40,704,000. WASHINGTON TRUST Co bought a new position in shares of Linde in the 3rd quarter worth $289,000. Carderock Capital Management Inc. acquired a new stake in shares of Linde during the third quarter worth $7,498,000. BIP Wealth LLC grew its stake in shares of Linde by 1.4% during the third quarter. BIP Wealth LLC now owns 3,408 shares of the basic materials company's stock worth $1,618,000 after purchasing an additional 46 shares during the period. Finally, Boomfish Wealth Group LLC increased its holdings in Linde by 11.9% in the third quarter. Boomfish Wealth Group LLC now owns 3,245 shares of the basic materials company's stock valued at $1,540,000 after purchasing an additional 344 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company's stock.

Linde Stock Down 0.3%

NASDAQ LIN opened at $508.83 on Friday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The stock has a market capitalization of $234.56 billion, a PE ratio of 32.87, a PEG ratio of 2.98 and a beta of 0.71. The business's 50-day moving average is $480.55 and its 200 day moving average is $498.37. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75.

Linde (NASDAQ:LIN - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating analysts' consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same period last year, the business earned $4.09 EPS. Linde's 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 forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde's dividend payout ratio (DPR) is presently 41.34%.

Analyst Ratings Changes

LIN has been the topic of several analyst reports. The Goldman Sachs Group set a $580.00 target price on Linde and gave the company a "buy" rating in a research note on Monday, August 10th. Barclays assumed coverage on shares of Linde in a research report on Monday, October 12th. They issued an "overweight" rating and a $577.00 target price for the company. BMO Capital Markets restated an "outperform" rating on shares of Linde in a research report on Thursday, October 8th. KeyCorp began coverage on shares of Linde in a research report on Thursday, September 10th. They set an "overweight" rating and a $542.00 price objective for the company. Finally, Argus dropped their price objective on shares of Linde from $563.00 to $538.00 and set a "buy" rating on the stock in a research note on Monday, September 28th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Linde presently has a consensus rating of "Buy" and an average price target of $547.10.

About Linde

Linde plc NASDAQ: LIN is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde's products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.

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