Prosperity Consulting Group LLC Has $1.28 Million Holdings in Linde PLC $LIN

Prosperity Consulting Group LLC cut its stake in Linde PLC (NASDAQ:LIN) by 40.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,588 shares of the basic materials company’s stock after selling 1,774 shares during the period. Prosperity Consulting Group LLC’s holdings in Linde were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in Linde in the 2nd quarter worth approximately $25,000. Triumph Capital Management boosted its position in Linde by 69.2% in the 4th 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. Saranac Partners Ltd bought a new position in Linde in the 3rd quarter valued at $29,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde in the 3rd quarter valued at $29,000. Finally, Strengthening Families & Communities LLC increased its stake in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LIN has been the topic of several research reports. JPMorgan Chase & Co. upped their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a report on Friday. Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, Sanford C. Bernstein set a $559.00 price target on shares of Linde in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $548.67.

Linde Stock Down 1.4%

NASDAQ:LIN opened at $513.22 on Friday. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $237.29 billion, a P/E ratio of 34.08, a P/E/G ratio of 3.27 and a beta of 0.72. The stock’s fifty day simple moving average is $515.95 and its 200-day simple moving average is $491.09.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter 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 research analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

Linde Profile

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.