Diversified Trust Co Purchases 7,909 Shares of Linde PLC $LIN

Diversified Trust Co increased its position in shares of Linde PLC (NASDAQ:LIN) by 208.1% during the 1st quarter, HoldingsChannel reports. The fund owned 11,709 shares of the basic materials company’s stock after purchasing an additional 7,909 shares during the quarter. Diversified Trust Co’s holdings in Linde were worth $5,805,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Blalock Williams LLC increased its position in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after purchasing an additional 22 shares during the period. Mutual Advisors LLC lifted its position in Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the period. Binnacle Investments Inc boosted its stake in shares of Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA boosted its stake in shares of Linde by 3.3% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after purchasing an additional 23 shares during the last quarter. Finally, Mayport LLC grew its position in shares of Linde by 4.8% during the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock worth $215,000 after buying an additional 23 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN opened at $512.15 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.87. The stock has a market cap of $236.79 billion, a P/E ratio of 34.01, a price-to-earnings-growth ratio of 3.21 and a beta of 0.72. The stock’s 50-day moving average price is $506.46 and its two-hundred day moving average price is $475.27.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities 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. Investors of record on Thursday, June 4th were paid a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LIN. Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. JPMorgan Chase & Co. lifted their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $541.91.

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.