Linde PLC $LIN Stock: Krilogy Financial LLC Increases Holdings

Key Points

• Krilogy Financial LLC increased its Linde stake by 175.1% in the third quarter, ending with 5,343 shares valued at approximately $2.6 million. Institutional investors collectively own 82.8% of Linde’s outstanding stock.
• Linde reported quarterly EPS of $4.50, slightly ahead of estimates, while revenue reached $9.29 billion, up 9.3% year over year. The company also maintains 2026 EPS guidance of $17.70–$17.90.
• Linde pays a quarterly dividend of $1.60 per share, equivalent to a 1.3% yield. Analysts maintain a consensus “Buy” rating with an average price target of $547.29, compared with the stock’s reported price of $492.70.

Krilogy Financial LLC raised its position in Linde PLC (NASDAQ:LIN - Free Report) by 175.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,343 shares of the basic materials company's stock after acquiring an additional 3,401 shares during the period. Krilogy Financial LLC's holdings in Linde were worth $2,604,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of LIN. State Street Corp lifted its holdings in shares of Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company's stock valued at $10,558,016,000 after purchasing an additional 719,052 shares during the last quarter. Invesco Ltd. boosted its position in shares of Linde by 26.0% in the 4th quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company's stock worth $2,303,494,000 after purchasing an additional 1,114,751 shares in the last quarter. Amundi boosted its position in shares of Linde by 13.4% in the 1st quarter. Amundi now owns 3,162,409 shares of the basic materials company's stock worth $1,567,796,000 after purchasing an additional 373,012 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Linde by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company's stock worth $1,358,712,000 after purchasing an additional 64,078 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of Linde by 18.0% in the 4th quarter. Royal Bank of Canada now owns 2,250,532 shares of the basic materials company's stock worth $959,605,000 after purchasing an additional 343,161 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Up 0.1%

NASDAQ:LIN opened at $492.70 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a market cap 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's 50 day moving average is $478.29 and its two-hundred day moving average is $498.13.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business's quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. 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 issued 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 payout ratio is 41.34%.

Analysts Set New Price Targets

Several research analysts recently weighed in on LIN shares. The Goldman Sachs Group set a $580.00 target price on Linde and gave the stock a "buy" rating in a research note on Monday, August 10th. Evercore increased their price target on Linde from $515.00 to $525.00 and gave the company an "outperform" rating in a research note on Wednesday, August 12th. Bank of America increased their price target on Linde from $532.00 to $550.00 and gave the company a "neutral" rating in a research note on Friday, July 17th. Royal Bank Of Canada lowered their price target on Linde from $576.00 to $553.00 and set an "outperform" rating for the company in a report on Monday, August 3rd. Finally, Jefferies Financial Group raised their price target on Linde from $535.00 to $560.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Linde has a consensus rating of "Buy" and a consensus target price of $547.29.

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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