YHB Investment Advisors Inc. Acquires New Shares in Linde PLC $LIN

Key Points

• YHB Investment Advisors acquired 9,161 Linde shares worth approximately $4.35 million during the third quarter. Institutional investors collectively own 82.8% of Linde’s outstanding stock.
• Analysts remain broadly positive, with Linde receiving an overall “Buy” rating and an average price target of $545.80, above its reported trading price of $483.
• Linde exceeded quarterly expectations with $4.50 in EPS and $9.29 billion in revenue, while revenue grew 9.3% year over year. The company also pays a quarterly dividend of $1.60 per share, yielding about 1.3% annually.

YHB Investment Advisors Inc. purchased a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,161 shares of the basic materials company's stock, valued at approximately $4,348,000.

Other institutional investors also recently modified their holdings of the company. Principia Wealth Advisory LLC raised its stake in Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company's stock valued at $28,000 after buying an additional 23 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its stake in shares of Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company's stock worth $28,000 after buying an additional 28 shares during the last quarter. Manning & Napier Advisors LLC boosted its stake in shares of Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company's stock worth $31,000 after buying an additional 58 shares during the last quarter. Polaris Financial Partners bought a new stake in shares of Linde in the third quarter worth $31,000. Finally, HHM Wealth Advisors LLC grew its holdings in shares of Linde by 257.1% in the first quarter. HHM Wealth Advisors LLC now owns 75 shares of the basic materials company's stock worth $37,000 after acquiring an additional 54 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LIN. DZ Bank reissued a "neutral" rating on shares of Linde in a report on Thursday, August 6th. Jefferies Financial Group increased their price target on shares of Linde from $535.00 to $560.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. Berenberg Bank reiterated a "buy" rating on shares of Linde in a research note on Tuesday, August 4th. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the company a "buy" rating in a research report on Monday, August 10th. Finally, Royal Bank Of Canada decreased their target price on Linde from $576.00 to $553.00 and set an "outperform" rating on the stock in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Linde currently has an average rating of "Buy" and an average target price of $545.80.

Linde Price Performance

Shares of Linde stock traded down $0.98 during trading on Thursday, reaching $483.00. 727,225 shares of the stock traded hands, compared to its average volume of 2,332,944. The company has a market capitalization of $222.66 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 2.86 and a beta of 0.71. The business has a fifty day simple moving average of $478.40 and a two-hundred day simple moving average of $498.11. 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 PLC has a 52-week low of $387.78 and a 52-week high of $548.20.

Linde (NASDAQ:LIN - Get Free Report) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $9.02 billion. During the same period in the prior year, the company earned $4.09 EPS. The company's quarterly 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. Sell-side analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid 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 (DPR) is currently 41.34%.

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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