Linde PLC $LIN Position Raised by S.E.E.D. Planning Group LLC

Key Points

• S.E.E.D. Planning Group LLC increased its Linde position by 7.7% in the third quarter, adding 2,060 shares to own 28,905 shares valued at $13.72 million. Institutional investors collectively own 82.8% of Linde.
• Linde reported quarterly EPS of $4.50 and revenue of $9.29 billion, exceeding analyst expectations, while revenue rose 9.3% year over year. The company guided for fiscal 2026 EPS of $17.70–$17.90.
• Shares recently traded at $488.41, below the analyst consensus price target of $546.80. Analysts maintain an overall “Buy” rating, and Linde pays a quarterly dividend of $1.60 per share, yielding approximately 1.3%.

S.E.E.D. Planning Group LLC grew its position in Linde PLC (NASDAQ:LIN - Free Report) by 7.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,905 shares of the basic materials company's stock after purchasing an additional 2,060 shares during the quarter. Linde makes up 3.2% of S.E.E.D. Planning Group LLC's investment portfolio, 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 institutional investors have also modified their holdings of the company. Atwood & Palmer Inc. grew its stake in shares of Linde by 12.9% in the second quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company's stock worth $91,000 after purchasing an additional 20 shares during the last quarter. Meadowbrook Advisors Group LLC lifted its holdings in Linde by 4.3% during the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company's stock worth $253,000 after buying an additional 21 shares during the period. Valmark Advisers Inc. grew its position in shares of Linde by 0.5% in the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company's stock valued at $2,062,000 after buying an additional 22 shares during the last quarter. Ellenbecker Investment Group increased its stake in shares of 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 buying an additional 23 shares during the period. Finally, Principia Wealth Advisory LLC raised its position in shares of Linde by 74.2% during the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company's stock worth $28,000 after acquiring an additional 23 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Trading Down 0.3%

Shares of LIN stock traded down $1.54 during trading hours on Wednesday, hitting $488.41. 762,734 shares of the company were exchanged, compared to its average volume of 2,335,214. The firm has a market cap of $225.15 billion, a P/E ratio of 31.54, a P/E/G ratio of 2.81 and a beta of 0.71. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company has a 50 day simple moving average of $478.94 and a two-hundred day simple moving average of $498.15.

Linde (NASDAQ:LIN - Get Free Report) last released its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion for 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%. Linde's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities analysts anticipate that Linde PLC will post 17.86 EPS 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 given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde's dividend payout ratio is 41.34%.

Analysts Set New Price Targets

A number of research firms have weighed in on LIN. Evercore increased their target price on shares of Linde from $515.00 to $525.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. KeyCorp initiated coverage on shares of Linde in a research note on Thursday, September 10th. They issued an "overweight" rating and a $542.00 price objective on the stock. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the stock a "buy" rating in a research report on Monday, August 10th. Bank of America lifted their target price on shares of Linde from $532.00 to $550.00 and gave the stock a "neutral" rating in a research note on Friday, July 17th. Finally, Berenberg Bank reaffirmed a "buy" rating on shares of Linde in a research report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $546.80.

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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