Courier Capital LLC Has $7.59 Million Stock Position in Linde PLC $LIN

14 Oct 2025, 15:26 by Kim Johansen · The Markets Daily

Courier Capital LLC decreased its position in Linde PLC (NASDAQ:LIN – Free Report) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,186 shares of the basic materials company’s stock after selling 99 shares during the period. Courier Capital LLC’s holdings in Linde were worth $7,594,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC increased its holdings in shares of Linde by 1.3% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 249,742 shares of the basic materials company’s stock worth $117,174,000 after buying an additional 3,230 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Linde by 75.0% during the first quarter. Truist Financial Corp now owns 193,563 shares of the basic materials company’s stock worth $90,131,000 after buying an additional 82,952 shares in the last quarter. Freedom Day Solutions LLC increased its holdings in shares of Linde by 9.6% during the first quarter. Freedom Day Solutions LLC now owns 6,102 shares of the basic materials company’s stock worth $2,841,000 after buying an additional 535 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Linde by 25.9% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 23,558 shares of the basic materials company’s stock worth $10,970,000 after buying an additional 4,839 shares in the last quarter. Finally, Exane Asset Management acquired a new stake in shares of Linde during the first quarter worth approximately $295,000. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on LIN shares. JPMorgan Chase & Co. raised their price objective on shares of Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. UBS Group dropped their price objective on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Linde in a report on Wednesday, October 8th. Finally, Citigroup upped their price objective on Linde from $530.00 to $535.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $520.00.

Read Our Latest Analysis on Linde

Linde Price Performance

NASDAQ LIN opened at $456.64 on Tuesday. The stock has a market cap of $214.12 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 3.00 and a beta of 0.93. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. Linde PLC has a 52-week low of $408.65 and a 52-week high of $487.49. The business has a 50 day simple moving average of $474.23 and a 200 day simple moving average of $464.49.

Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The firm had revenue of $8.50 billion during the quarter, compared to analyst estimates of $8.35 billion. During the same period in the prior year, the business earned $3.85 EPS. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Analysts anticipate that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 4th. Linde’s dividend payout ratio is currently 42.67%.

Insiders Place Their Bets

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the transaction, the director directly owned 480,543 shares of the company’s stock, valued at $227,479,445.34. This represents a 9.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

Linde Company Profile

(Free Report)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.