Linde PLC $LIN Shares Bought by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 14.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,981 shares of the basic materials company’s stock after buying an additional 5,526 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Linde were worth $21,366,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in Linde during the second quarter worth $25,000. YANKCOM Partnership grew its position in shares of Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the period. Albion Financial Group UT increased its stake in shares of Linde by 87.8% during the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 36 shares in the last quarter. eCIO Inc. acquired a new position in shares of Linde during the 1st quarter worth about $45,000. Finally, Howard Hughes Medical Institute purchased a new position in Linde in the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Price Performance

NASDAQ:LIN opened at $426.39 on Friday. Linde PLC has a one year low of $387.78 and a one year high of $486.38. The stock has a market cap of $199.10 billion, a PE ratio of 28.56, a P/E/G ratio of 3.27 and a beta of 0.85. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The stock has a 50 day moving average price of $417.63 and a 200 day moving average price of $451.40.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.03. Linde had a return on equity of 19.38% and a net margin of 21.17%.The company had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.62 billion. During the same period in the prior year, the business earned $3.94 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. Equities research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were given a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 1.4%. The ex-dividend date was Wednesday, December 3rd. Linde’s dividend payout ratio (DPR) is presently 40.19%.

Wall Street Analysts Forecast Growth

Several research firms have commented on LIN. UBS Group reiterated a “buy” rating on shares of Linde in a research note on Friday, December 12th. Mizuho set a $495.00 price target on Linde in a research note on Thursday, December 11th. Seaport Res Ptn upgraded Linde from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Sanford C. Bernstein restated an “outperform” rating and issued a $516.00 price objective on shares of Linde in a report on Monday, November 3rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $501.00.

Linde Company 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.