Linde PLC $LIN Shares Purchased by SailingStone Capital Partners LLC

SailingStone Capital Partners LLC raised its holdings in Linde PLC (NASDAQ:LIN) by 45.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,245 shares of the basic materials company’s stock after acquiring an additional 32,429 shares during the quarter. Linde comprises approximately 11.1% of SailingStone Capital Partners LLC’s holdings, making the stock its 3rd largest position. SailingStone Capital Partners LLC’s holdings in Linde were worth $44,449,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LIN. Capital International Investors lifted its stake in shares of Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after buying an additional 1,275,477 shares during the last quarter. S.E.E.D. Planning Group LLC increased its position in Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock worth $11,658,000 after acquiring an additional 2,234 shares during the period. Temasek Holdings Private Ltd increased its position in Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock worth $112,198,000 after acquiring an additional 73,850 shares during the period. Boston Trust Walden Corp increased its position in Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after acquiring an additional 8,863 shares during the period. Finally, J. Safra Sarasin Holding AG increased its position in Linde by 3.0% during the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after acquiring an additional 2,408 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Down 0.6%

Shares of Linde stock opened at $518.17 on Wednesday. The firm has a market capitalization of $239.57 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company’s fifty day moving average price is $505.55 and its two-hundred day moving average price is $473.53. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.87.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio is presently 42.50%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. UBS Group reissued a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $541.91.

About Linde

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.