Linde PLC $LIN Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its position in Linde PLC (NASDAQ:LIN) by 22.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 325,158 shares of the basic materials company’s stock after buying an additional 59,154 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.07% of Linde worth $138,645,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. World Investment Advisors increased its position in shares of Linde by 38.9% during the fourth quarter. World Investment Advisors now owns 3,829 shares of the basic materials company’s stock worth $1,632,000 after acquiring an additional 1,073 shares during the last quarter. Winthrop Partners WNY LLC purchased a new position in Linde in the fourth quarter valued at about $264,000. Nalls Sherbakoff Group LLC purchased a new position in Linde in the fourth quarter valued at about $239,000. Meadowbrook Advisors Group LLC acquired a new stake in Linde during the 4th quarter valued at approximately $209,000. Finally, PeakShares LLC acquired a new stake in Linde during the 4th quarter valued at approximately $1,044,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on LIN. Royal Bank Of Canada upped their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, UBS Group reiterated a “buy” rating and set a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Price Performance

NASDAQ:LIN opened at $512.15 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market capitalization of $236.79 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.21 and a beta of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $525.87. The stock has a 50-day simple moving average of $506.46 and a 200 day simple moving average of $475.27.

Linde (NASDAQ:LIN) last announced its quarterly earnings data 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. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the prior year, the firm posted $3.95 earnings per share. Linde’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. Sell-side analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

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

Linde 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.