Brookstone Capital Management Has $13.98 Million Holdings in Linde PLC $LIN

Key Points

• Brookstone Capital Management boosted its stake in Linde by 44.7% in the first quarter, adding 8,718 shares to bring its total holdings to 28,209 shares worth about $13.98 million.
• Linde reported strong quarterly results, with EPS of $4.33 beating estimates and revenue of $8.78 billion topping forecasts; the company also raised guidance, including FY 2026 EPS guidance of 17.6 to 17.9.
• Wall Street remains upbeat on the stock, with multiple firms raising price targets and the consensus rating standing at “Buy” with an average target price of $541.91.

Brookstone Capital Management increased its position in shares of Linde PLC (NASDAQ:LIN - Free Report) by 44.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,209 shares of the basic materials company's stock after buying an additional 8,718 shares during the period. Brookstone Capital Management's holdings in Linde were worth $13,985,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in Linde by 24.6% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 5,744 shares of the basic materials company's stock worth $2,848,000 after acquiring an additional 1,135 shares during the period. First Merchants Corp raised its position in shares of Linde by 6.4% in the 1st quarter. First Merchants Corp now owns 20,561 shares of the basic materials company's stock worth $10,193,000 after acquiring an additional 1,233 shares in the last quarter. Smith Salley Wealth Management lifted its stake in shares of Linde by 3.6% in the 1st quarter. Smith Salley Wealth Management now owns 54,638 shares of the basic materials company's stock valued at $27,087,000 after purchasing an additional 1,906 shares during the period. Evolve Private Wealth LLC lifted its stake in shares of Linde by 39.9% in the 1st quarter. Evolve Private Wealth LLC now owns 3,029 shares of the basic materials company's stock valued at $1,502,000 after purchasing an additional 864 shares during the period. Finally, Meadowbrook Advisors Group LLC lifted its stake in shares of Linde by 4.3% in 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 period. Institutional investors and hedge funds own 82.80% of the company's stock.

Linde Price Performance

LIN stock opened at $516.71 on Tuesday. The stock has a market capitalization of $238.90 billion, a PE ratio of 34.31, a price-to-earnings-growth ratio of 3.21 and a beta of 0.72. The company's 50-day moving average is $506.73 and its 200-day moving average is $476.51. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.87.

Linde (NASDAQ:LIN - Get Free Report) last issued its earnings results 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 return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same period last year, the business posted $3.95 EPS. The firm's revenue for the quarter 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. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde's dividend payout ratio (DPR) is 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the subject of several recent analyst reports. Seaport Research Partners raised their target price on Linde from $525.00 to $575.00 and gave the stock a "buy" rating in a research note on Friday, April 17th. UBS Group reissued a "buy" rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an "overweight" rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. Finally, Citigroup lifted their price objective on shares of Linde from $580.00 to $585.00 and gave the company a "buy" rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $541.91.

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.

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