PeakShares LLC Buys New Position in Linde PLC $LIN

PeakShares LLC purchased a new position in shares of Linde PLC (NASDAQ:LIN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,448 shares of the basic materials company’s stock, valued at approximately $1,044,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in shares of Linde in the second quarter valued at approximately $25,000. Triumph Capital Management lifted its holdings in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in Linde during the 3rd quarter worth approximately $29,000. Saranac Partners Ltd purchased a new position in Linde in the 3rd quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC boosted its position in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the period. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of Linde stock 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 company has a 50 day moving average of $506.46 and a 200 day moving average of $475.27. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $236.79 billion, a P/E ratio of 34.01, a P/E/G ratio of 3.21 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping 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 quarter in the previous year, the business posted $3.95 EPS. The firm’s 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, research analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently announced 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. The ex-dividend date was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. UBS Group reiterated a “buy” rating and issued a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Seaport Research Partners upped their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $541.91.

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.