Hilltop Holdings Inc. Sells 16,663 Shares of Linde PLC $LIN

Hilltop Holdings Inc. cut its stake in Linde PLC (NASDAQ:LIN - Free Report) by 95.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 822 shares of the basic materials company's stock after selling 16,663 shares during the quarter. Hilltop Holdings Inc.'s holdings in Linde were worth $408,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Capital International Investors lifted its position in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company's stock worth $3,245,255,000 after buying an additional 1,275,477 shares in the last quarter. J. Safra Sarasin Holding AG grew its holdings in shares of Linde by 3.0% in the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company's stock valued at $35,493,000 after acquiring an additional 2,408 shares in the last quarter. Boston Trust Walden Corp increased its position in shares of Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company's stock valued at $6,415,000 after acquiring an additional 8,863 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Linde by 177.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company's stock valued at $538,558,000 after acquiring an additional 807,370 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Linde by 6.5% during the fourth quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company's stock worth $1,251,430,000 after acquiring an additional 179,359 shares during the period. Institutional investors own 82.80% of the company's stock.

Linde Stock Performance

Shares of LIN opened at $507.02 on Tuesday. The firm has a market cap of $234.42 billion, a PE ratio of 33.67, a PEG ratio of 3.23 and a beta of 0.72. The stock's fifty day moving average price is $515.98 and its two-hundred day moving average price is $494.86. 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 $548.20.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to analysts' expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.95 EPS. 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, equities research analysts forecast that Linde PLC will post 17.89 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on LIN. Royal Bank Of Canada reissued an "outperform" rating on shares of Linde in a research report on Friday, July 17th. BMO Capital Markets reissued an "outperform" rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. UBS Group reiterated a "buy" rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Finally, Seaport Research Partners increased their target price on shares of Linde from $525.00 to $575.00 and gave the company a "buy" rating in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Linde has an average rating of "Buy" and a consensus price target of $548.67.

About Linde

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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