Pacer Advisors Inc. Raises Holdings in Linde PLC $LIN

Pacer Advisors Inc. boosted its position in Linde PLC (NASDAQ:LIN) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,038 shares of the basic materials company’s stock after acquiring an additional 4,734 shares during the quarter. Pacer Advisors Inc.’s holdings in Linde were worth $31,995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter worth about $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd purchased a new stake in Linde during the third quarter worth approximately $29,000. Triumph Capital Management increased its position in shares of Linde by 69.2% in 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 in the last quarter. Finally, Caitlin John LLC purchased a new position in shares of Linde in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

LIN has been the subject of a number of research reports. Citigroup upped their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Royal Bank Of Canada increased their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. Finally, UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Stock Performance

NASDAQ:LIN opened at $512.15 on Friday. The stock has a market cap 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 company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The business’s 50-day simple moving average is $506.46 and its 200 day simple moving average is $475.27.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the firm earned $3.95 EPS. Linde’s quarterly revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. 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.