Lifeworks Advisors LLC Buys 1,154 Shares of Linde PLC $LIN

Lifeworks Advisors LLC boosted its stake in Linde PLC (NASDAQ:LIN) by 10.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,401 shares of the basic materials company’s stock after purchasing an additional 1,154 shares during the quarter. Lifeworks Advisors LLC’s holdings in Linde were worth $6,148,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank bought a new stake in shares of Linde in the fourth quarter worth about $3,246,750,000. SG Americas Securities LLC lifted its position in shares of Linde by 10,454.4% in the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after buying an additional 2,401,894 shares in the last quarter. Auto Owners Insurance Co boosted its stake in Linde by 42,539.0% during the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after buying an additional 1,318,709 shares during the last quarter. Capital International Investors boosted its stake in Linde by 20.1% during 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 during the last quarter. Finally, Deutsche Bank AG grew its holdings in Linde by 40.2% during the 4th quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock valued at $1,680,710,000 after buying an additional 1,130,001 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $529.79 on Monday. The business’s 50 day moving average is $513.87 and its two-hundred day moving average is $488.19. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The stock has a market capitalization of $244.95 billion, a P/E ratio of 35.18, a PEG ratio of 3.33 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.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 posted $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. As a group, research analysts expect that Linde PLC will post 17.86 EPS for the current 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 dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Analyst Ratings Changes

A number of analysts have issued reports on LIN shares. Evercore reaffirmed an “outperform” rating and issued a $525.00 price objective on shares of Linde in a research note on Friday. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Citigroup started coverage on shares of Linde in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $541.75.

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.