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

by · The Cerbat Gem

Diversified Trust Co raised its stake in Linde PLC (NASDAQ:LIN – Free Report) by 208.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,709 shares of the basic materials company’s stock after acquiring an additional 7,909 shares during the period. Diversified Trust Co’s holdings in Linde were worth $5,805,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of LIN. Darwin Wealth Management LLC bought a new stake in shares of Linde in the 2nd quarter worth about $25,000. Triumph Capital Management increased its position in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Linde during the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new position in Linde during the 3rd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC lifted its holdings in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Linde stock opened at $512.15 on Friday. The stock has a 50-day simple moving average of $506.46 and a 200 day simple moving average of $475.27. The stock has a market capitalization of $236.79 billion, a price-to-earnings ratio of 34.01, a P/E/G ratio of 3.21 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87.

Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm 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, research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

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 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Citigroup raised their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Seaport Research Partners boosted their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, BMO Capital Markets restated an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Linde presently has a consensus rating of “Buy” and a consensus price target of $541.91.

Get Our Latest Stock Report on LIN

Linde Profile

(Free Report)

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.

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