Personal CFO Solutions LLC raised its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 170.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,309 shares of the basic materials company’s stock after purchasing an additional 5,238 shares during the quarter. Personal CFO Solutions LLC’s holdings in Linde were worth $4,119,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Linde in the 4th quarter valued at about $3,246,750,000. SG Americas Securities LLC lifted its position in Linde by 10,454.4% during the 4th quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after acquiring an additional 2,401,894 shares during the period. Auto Owners Insurance Co grew its stake in shares of Linde by 42,539.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after purchasing an additional 1,318,709 shares during the last quarter. Capital International Investors grew its stake in shares of Linde by 20.1% in the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after purchasing an additional 1,275,477 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Linde by 40.2% in the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock valued at $1,680,710,000 after purchasing an additional 1,130,001 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
LIN has been the subject of several recent research reports. UBS Group reaffirmed a “buy” rating and set a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Citigroup started coverage on Linde in a research note on Wednesday, June 24th. They set an “overweight” rating for the company. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus price target of $543.27.
Linde Stock Performance
NASDAQ:LIN opened at $527.67 on Thursday. The firm’s fifty day simple moving average is $513.06 and its 200-day simple moving average is $486.71. 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 stock has a market cap of $243.97 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 3.38 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20.
Linde (NASDAQ:LIN – Get Free Report) last announced its quarterly earnings data 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. The firm 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 business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last 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. Analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.
Linde Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $1.60 per share. 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 dividend payout ratio (DPR) is presently 42.50%.
About Linde
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.
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