Aviso Financial Inc. Has $57.20 Million Holdings in Linde PLC $LIN

Aviso Financial Inc. boosted its holdings in shares of Linde PLC (NASDAQ:LIN) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,905 shares of the basic materials company’s stock after buying an additional 3,160 shares during the period. Linde makes up about 2.6% of Aviso Financial Inc.’s holdings, making the stock its 13th biggest position. Aviso Financial Inc.’s holdings in Linde were worth $57,195,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. eCIO Inc. bought a new position in Linde during the first quarter valued at approximately $45,000. Clal Insurance Enterprises Holdings Ltd raised its position in Linde by 445.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 109 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 89 shares in the last quarter. Nova Wealth Management Inc. acquired a new stake in Linde in the 1st quarter valued at $52,000. Costello Asset Management INC acquired a new stake in shares of Linde during the 1st quarter worth about $54,000. Finally, Activest Wealth Management grew its position in Linde by 5,800.0% during the 1st quarter. Activest Wealth Management now owns 118 shares of the basic materials company’s stock worth $55,000 after acquiring an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

LIN has been the topic of several research reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a report on Monday, November 3rd. UBS Group reduced their target price on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a research note on Monday, October 6th. Seaport Res Ptn upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Citigroup cut their price objective on Linde from $535.00 to $520.00 and set a “buy” rating for the company in a research report on Monday, November 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $508.83.

Linde Stock Down 1.2%

Linde stock opened at $407.67 on Tuesday. The firm’s fifty day moving average is $446.50 and its 200 day moving average is $460.95. The company has a market capitalization of $190.36 billion, a PE ratio of 29.00, a PEG ratio of 2.85 and a beta of 0.91. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. Linde PLC has a 12-month low of $406.42 and a 12-month high of $486.38.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.03. The company had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.62 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%.Linde’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $3.94 earnings per share. Linde has set its FY 2025 guidance at 16.350-16.450 EPS. Q4 2025 guidance at 4.100-4.200 EPS. As a group, sell-side analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 3rd. Linde’s dividend payout ratio is presently 40.19%.

Linde Company Profile

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.