Linde PLC $LIN Stock Holdings Increased by Chilton Capital Management LLC

Chilton Capital Management LLC grew its position in shares of Linde PLC (NASDAQ:LIN) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,469 shares of the basic materials company’s stock after buying an additional 2,859 shares during the period. Linde comprises 1.1% of Chilton Capital Management LLC’s portfolio, making the stock its 28th largest position. Chilton Capital Management LLC’s holdings in Linde were worth $31,573,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Alta Advisers Ltd lifted its stake in Linde by 3.1% during the third quarter. Alta Advisers Ltd now owns 2,313 shares of the basic materials company’s stock worth $1,099,000 after purchasing an additional 70 shares during the last quarter. Markel Group Inc. raised its holdings in shares of Linde by 3.3% during the third quarter. Markel Group Inc. now owns 192,850 shares of the basic materials company’s stock worth $91,604,000 after purchasing an additional 6,250 shares during the period. Purkiss Capital Advisors LLC raised its holdings in shares of Linde by 9.9% during the third quarter. Purkiss Capital Advisors LLC now owns 2,039 shares of the basic materials company’s stock worth $969,000 after purchasing an additional 184 shares during the period. National Wealth Management Group LLC bought a new position in shares of Linde in the 3rd quarter worth about $236,000. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Linde by 2.3% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 59,126 shares of the basic materials company’s stock valued at $28,091,000 after buying an additional 1,312 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the topic of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $516.00 price target on shares of Linde in a research report on Monday, November 3rd. Mizuho set a $495.00 price target on Linde in a report on Thursday, December 11th. BMO Capital Markets set a $501.00 price objective on Linde in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. cut their target price on Linde from $475.00 to $455.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $501.75.

Linde Stock Up 0.8%

LIN opened at $455.03 on Tuesday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $486.38. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.82 and a quick ratio of 0.69. The stock has a market cap of $212.48 billion, a P/E ratio of 30.48, a P/E/G ratio of 3.17 and a beta of 0.85. The stock’s 50 day moving average price is $422.47 and its 200 day moving average price is $448.03.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $8.62 billion. During the same quarter in the previous year, the firm posted $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. As a group, research analysts predict that Linde PLC will post 16.54 earnings per share for the current year.

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.