Linde PLC $LIN Shares Newly Acquired by Triangle Securities Wealth Management

Key Points

• Triangle Securities Wealth Management acquired 5,149 Linde shares worth approximately $2.44 million during the third quarter. Institutional investors collectively own 82.8% of the company.
• Linde reported quarterly EPS of $4.50, narrowly beating estimates, while revenue rose 9.3% year over year to $9.29 billion. The company projected fiscal 2026 EPS of $17.70–$17.90.
• Analysts maintain a consensus “Buy” rating with an average price target of $547.29, compared with the stock’s reported price of $492.70. Linde also pays a $1.60 quarterly dividend, yielding approximately 1.3% annually.

Triangle Securities Wealth Management bought a new stake in Linde PLC (NASDAQ:LIN - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 5,149 shares of the basic materials company's stock, valued at approximately $2,444,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. increased its stake in Linde by 12.9% in the second quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company's stock valued at $91,000 after purchasing an additional 20 shares during the period. Meadowbrook Advisors Group LLC increased its stake in 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 buying an additional 21 shares during the period. Valmark Advisers Inc. raised its position in Linde by 0.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company's stock worth $2,062,000 after buying an additional 22 shares during the last quarter. Ellenbecker Investment Group lifted its stake in shares of Linde by 3.7% in the 1st quarter. Ellenbecker Investment Group now owns 652 shares of the basic materials company's stock worth $323,000 after acquiring an additional 23 shares during the period. Finally, Principia Wealth Advisory LLC lifted its stake in shares of Linde by 74.2% in the 2nd 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 period. Hedge funds and other institutional investors own 82.80% of the company's stock.

Linde Trading Up 0.1%

Shares of LIN stock opened at $492.70 on Thursday. The business's fifty day moving average price is $478.29 and its 200 day moving average price is $498.13. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The firm has a market capitalization of $227.12 billion, a PE ratio of 31.83, a P/E/G ratio of 2.87 and a beta of 0.71. 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 (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm 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 business posted $4.09 earnings per share. 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. As a group, sell-side analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $1.60 per share. The ex-dividend date of this dividend 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 is 41.34%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. KeyCorp began coverage on shares of Linde in a report on Thursday, September 10th. They issued an "overweight" rating and a $542.00 target price on the stock. Argus cut their price target on shares of Linde from $563.00 to $538.00 and set a "buy" rating for the company in a report on Monday, September 28th. Evercore increased their price target on shares of Linde from $515.00 to $525.00 and gave the stock an "outperform" rating in a report on Wednesday, August 12th. Jefferies Financial Group raised their price objective on shares of Linde from $535.00 to $560.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of Linde from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, July 21st. 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 data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $547.29.

Linde Company Profile

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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