9,508 Shares in Linde PLC $LIN Bought by Regents Gate Capital LLP

Regents Gate Capital LLP purchased a new position in shares of Linde PLC (NASDAQ:LIN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,508 shares of the basic materials company’s stock, valued at approximately $4,461,000. Linde comprises approximately 1.6% of Regents Gate Capital LLP’s holdings, making the stock its 26th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. North Capital Inc. acquired a new position in shares of Linde during the 1st quarter worth approximately $25,000. Abound Financial LLC acquired a new stake in shares of Linde in the first quarter worth approximately $41,000. eCIO Inc. acquired a new stake in shares of Linde during the 1st quarter worth $45,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Linde by 445.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 89 shares during the period. Finally, Nova Wealth Management Inc. purchased a new stake in Linde during the first quarter worth approximately $52,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Down 2.6%

Shares of NASDAQ:LIN opened at $418.68 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. The company’s fifty day moving average is $465.40 and its two-hundred day moving average is $464.49. Linde PLC has a 1-year low of $408.65 and a 1-year high of $486.38. The stock has a market capitalization of $196.32 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 2.85 and a beta of 0.93.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.03. Linde had a return on equity of 19.09% and a net margin of 20.20%.The business had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.62 billion. During the same period in the prior year, the firm earned $3.94 EPS. The business’s quarterly revenue was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. Equities analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a $1.50 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.4%. Linde’s dividend payout ratio (DPR) is presently 42.67%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LIN shares. Weiss Ratings reissued a “buy (b)” rating on shares of Linde in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Citigroup raised their target price on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Finally, UBS Group cut their price target on Linde from $510.00 to $507.00 and set a “neutral” rating on the stock in a research note on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $521.60.

Insider Activity at Linde

In other news, Director Stephen F. Angel sold 50,309 shares of Linde stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total transaction of $23,815,274.42. Following the sale, the director owned 480,543 shares of the company’s stock, valued at approximately $227,479,445.34. The trade was a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.