Tilia Fiduciary Partners Inc. Has $237,000 Stock Position in Linde plc (NASDAQ:LIN)

Tilia Fiduciary Partners Inc. boosted its holdings in shares of Linde plc (NASDAQ:LIN) by 6.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 497 shares of the basic materials company’s stock after buying an additional 30 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Linde were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of LIN. True North Advisors LLC acquired a new position in Linde in the 3rd quarter worth about $295,000. Hoxton Planning & Management LLC increased its holdings in shares of Linde by 19.5% during the 3rd quarter. Hoxton Planning & Management LLC now owns 985 shares of the basic materials company’s stock valued at $470,000 after acquiring an additional 161 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Linde by 7.7% during the 3rd quarter. Brookstone Capital Management now owns 6,042 shares of the basic materials company’s stock valued at $2,881,000 after acquiring an additional 432 shares during the last quarter. City Holding Co. increased its holdings in shares of Linde by 18.0% during the 3rd quarter. City Holding Co. now owns 10,157 shares of the basic materials company’s stock valued at $4,843,000 after acquiring an additional 1,549 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its stake in Linde by 29.0% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 481 shares of the basic materials company’s stock valued at $229,000 after purchasing an additional 108 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LIN. Barclays increased their target price on Linde from $460.00 to $510.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Citigroup raised their price objective on Linde from $470.00 to $480.00 and gave the stock a “neutral” rating in a research report on Friday, July 12th. UBS Group reduced their price objective on Linde from $490.00 to $475.00 and set a “neutral” rating for the company in a research report on Tuesday, July 9th. BMO Capital Markets reissued an “outperform” rating and issued a $477.00 target price on shares of Linde in a report on Friday, August 30th. Finally, Bank of America increased their target price on Linde from $495.00 to $516.00 and gave the stock a “buy” rating in a report on Monday, August 5th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $484.18.

Insiders Place Their Bets

In other news, VP John Panikar sold 10,025 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $462.75, for a total value of $4,639,068.75. Following the sale, the vice president now directly owns 17,584 shares in the company, valued at $8,136,996. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.70% of the company’s stock.

Linde Trading Down 0.3 %

Shares of NASDAQ:LIN traded down $1.26 during midday trading on Wednesday, hitting $468.18. The company had a trading volume of 187,827 shares, compared to its average volume of 1,849,910. Linde plc has a 12 month low of $361.02 and a 12 month high of $483.36. The company has a current ratio of 0.95, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The stock has a market cap of $225.04 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 2.98 and a beta of 0.94. The firm has a fifty day simple moving average of $464.81 and a 200 day simple moving average of $449.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, August 2nd. The basic materials company reported $3.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.79 by $0.06. Linde had a return on equity of 17.92% and a net margin of 19.49%. The business had revenue of $8.30 billion for the quarter, compared to analyst estimates of $8.30 billion. During the same period last year, the company earned $3.57 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. On average, analysts predict that Linde plc will post 15.54 EPS for the current year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were issued a dividend of $1.39 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $5.56 annualized dividend and a yield of 1.19%. Linde’s dividend payout ratio is presently 43.13%.

Linde 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.