180,000 Shares in Linde PLC $LIN Acquired by Consulta Ltd

Consulta Ltd purchased a new stake in Linde PLC (NASDAQ:LIN) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 180,000 shares of the basic materials company’s stock, valued at approximately $76,750,000. Linde accounts for 3.8% of Consulta Ltd’s holdings, making the stock its 11th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the second quarter worth $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde in the third quarter valued at about $29,000. Saranac Partners Ltd bought a new position in Linde during the third quarter worth about $29,000. Triumph Capital Management increased its position in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares during the period. Finally, Caitlin John LLC acquired a new stake in Linde in the 3rd quarter worth about $32,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Citigroup raised their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. UBS Group reiterated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Seaport Research Partners raised their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $541.91.

Linde Trading Down 0.4%

Shares of Linde stock opened at $515.85 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87. The company has a market capitalization of $238.50 billion, a price-to-earnings ratio of 34.25, a PEG ratio of 3.25 and a beta of 0.72. The firm’s 50-day moving average price is $505.88 and its two-hundred day moving average price is $474.29.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the company earned $3.95 EPS. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. 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 forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

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.