Guyasuta Investment Advisors Inc. Reduces Stock Holdings in Linde PLC $LIN

Guyasuta Investment Advisors Inc. reduced its position in shares of Linde PLC (NASDAQ:LIN) by 1.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 91,077 shares of the basic materials company’s stock after selling 1,739 shares during the quarter. Linde accounts for approximately 2.6% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 11th biggest position. Guyasuta Investment Advisors Inc.’s holdings in Linde were worth $45,152,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Meadowbrook Advisors Group LLC boosted its holdings in shares of Linde by 4.3% in the first 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 last quarter. Blalock Williams LLC grew its position in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares during the period. Mutual Advisors LLC increased its holdings in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares during the last quarter. Binnacle Investments Inc increased its holdings in Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA raised its position in Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after acquiring an additional 23 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LIN shares. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. UBS Group restated a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $541.91.

Linde Stock Performance

LIN opened at $512.90 on Wednesday. The firm has a market cap of $237.14 billion, a P/E ratio of 34.06, a PEG ratio of 3.24 and a beta of 0.72. Linde PLC has a 1-year low of $387.78 and a 1-year high of $525.87. The company has a 50 day simple moving average of $506.92 and a two-hundred day simple moving average of $477.24. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

About Linde

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.