Mount Yale Investment Advisors LLC Has $2.09 Million Stock Holdings in Linde plc (NASDAQ:LIN)

Mount Yale Investment Advisors LLC boosted its stake in shares of Linde plc (NASDAQ:LIN) by 9.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,984 shares of the basic materials company’s stock after buying an additional 440 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Linde were worth $2,086,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Trifecta Capital Advisors LLC grew its holdings in shares of Linde by 16.9% during the third quarter. Trifecta Capital Advisors LLC now owns 145 shares of the basic materials company’s stock worth $69,000 after buying an additional 21 shares in the last quarter. Prentice Wealth Management LLC grew its stake in shares of Linde by 1.7% during the 3rd quarter. Prentice Wealth Management LLC now owns 1,367 shares of the basic materials company’s stock worth $652,000 after acquiring an additional 23 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in shares of Linde by 0.9% in the third quarter. Quotient Wealth Partners LLC now owns 2,706 shares of the basic materials company’s stock valued at $1,290,000 after purchasing an additional 23 shares during the last quarter. Regent Peak Wealth Advisors LLC raised its holdings in shares of Linde by 1.3% in the third quarter. Regent Peak Wealth Advisors LLC now owns 1,831 shares of the basic materials company’s stock valued at $873,000 after purchasing an additional 23 shares during the last quarter. Finally, CVA Family Office LLC lifted its position in shares of Linde by 2.9% in the third quarter. CVA Family Office LLC now owns 851 shares of the basic materials company’s stock worth $406,000 after purchasing an additional 24 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

NASDAQ:LIN opened at $439.25 on Monday. The firm’s fifty day moving average price is $435.45 and its two-hundred day moving average price is $453.33. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.96 and a quick ratio of 0.81. The company has a market cap of $209.15 billion, a P/E ratio of 33.35, a P/E/G ratio of 2.74 and a beta of 0.94. Linde plc has a one year low of $396.07 and a one year high of $487.49.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, October 31st. The basic materials company reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.89 by $0.05. Linde had a net margin of 19.33% and a return on equity of 18.16%. The business had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.39 billion. During the same quarter in the prior year, the business earned $3.63 EPS. Linde’s quarterly revenue was up 1.9% on a year-over-year basis. Equities analysts expect that Linde plc will post 15.45 earnings per share for the current year.

Insider Transactions at Linde

In other Linde news, VP David P. Strauss sold 2,218 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now owns 25,926 shares in the company, valued at $11,260,958.10. This trade represents a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Guillermo Bichara sold 4,385 shares of Linde stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $460.73, for a total value of $2,020,301.05. Following the completion of the transaction, the vice president now directly owns 22,776 shares of the company’s stock, valued at $10,493,586.48. This represents a 16.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

LIN has been the topic of several recent research reports. TD Cowen upgraded shares of Linde from a “hold” rating to a “buy” rating and lifted their price target for the company from $480.00 to $515.00 in a research note on Monday, January 13th. Mizuho upped their target price on Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft increased their price target on Linde from $510.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, November 1st. BMO Capital Markets upped their price objective on Linde from $477.00 to $507.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, Erste Group Bank reissued a “hold” rating on shares of Linde in a research note on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $501.82.

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.