Patriot Financial Group Insurance Agency LLC Boosts Stock Holdings in Linde PLC $LIN

Patriot Financial Group Insurance Agency LLC raised its stake in Linde PLC (NASDAQ:LIN) by 271.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,462 shares of the basic materials company’s stock after acquiring an additional 6,186 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Linde were worth $4,195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of LIN. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde in the third quarter worth about $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter worth about $29,000. Triumph Capital Management boosted its stake in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the last quarter. Finally, Caitlin John LLC bought a new position in Linde during the third quarter valued at approximately $32,000. 82.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LIN has been the subject of several research analyst reports. Seaport Research Partners raised 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. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Citigroup started coverage on Linde in a research report on Wednesday. They set an “overweight” rating for the company. Royal Bank Of Canada raised their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $543.27.

Linde Trading Up 0.1%

Shares of LIN stock opened at $519.89 on Monday. The company has a market cap of $240.37 billion, a PE ratio of 34.52, a price-to-earnings-growth ratio of 3.26 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $527.94. The stock’s 50 day simple moving average is $507.96 and its two-hundred day simple moving average is $479.81. 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 earnings results on Friday, May 1st. The basic materials company reported $4.33 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 return on equity of 19.80% and a net margin of 20.44%.The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s 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.