Linde PLC $LIN Shares Sold by Vancity Investment Management Ltd

Vancity Investment Management Ltd lessened its holdings in shares of Linde PLC (NASDAQ:LIN) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,319 shares of the basic materials company’s stock after selling 1,258 shares during the period. Linde makes up 1.6% of Vancity Investment Management Ltd’s holdings, making the stock its 23rd biggest position. Vancity Investment Management Ltd’s holdings in Linde were worth $12,074,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital International Investors increased its position 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 valued at $3,245,255,000 after buying an additional 1,275,477 shares in the last quarter. S.E.E.D. Planning Group LLC lifted its position in shares of Linde by 8.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares in the last quarter. Temasek Holdings Private Ltd lifted its position in shares of Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares in the last quarter. Boston Trust Walden Corp grew its stake in Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after acquiring an additional 8,863 shares during the period. Finally, J. Safra Sarasin Holding AG grew its stake in Linde by 3.0% in the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock valued at $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.

Analysts Set New Price Targets

Several brokerages recently commented on LIN. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. UBS Group reiterated a “buy” rating and issued a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. upped their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Royal Bank Of Canada raised their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Linde has an average rating of “Buy” and an average target price of $541.91.

Linde Trading Down 0.7%

Shares of LIN opened at $512.15 on Friday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.87. The stock has a market cap of $236.79 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72. The firm’s fifty day moving average is $506.23 and its two-hundred day moving average is $475.01. 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 (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s dividend payout ratio is currently 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.