SPX Gestao de Recursos Ltda Makes New Investment in Linde PLC $LIN

SPX Gestao de Recursos Ltda acquired a new stake in shares of Linde PLC (NASDAQ:LIN) during the second quarter, Holdings Channel reports. The firm acquired 2,454 shares of the basic materials company’s stock, valued at approximately $822,000.

Several other large investors also recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in Linde during the fourth quarter worth $2,752,000. Revolve Wealth Partners LLC boosted its stake in shares of Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in shares of Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC increased its position in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Linde Price Performance

Shares of LIN stock opened at $489.51 on Friday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20. The stock has a market capitalization of $225.65 billion, a PE ratio of 31.62, a PEG ratio of 3.05 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The stock’s fifty day moving average is $505.33 and its 200-day moving average is $501.23.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities research analysts expect that Linde PLC will post 17.85 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s payout ratio is currently 41.34%.

Analyst Ratings Changes

LIN has been the subject of several analyst reports. BMO Capital Markets cut their price target on shares of Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a report on Monday, August 10th. The Goldman Sachs Group set a $580.00 price objective on shares of Linde in a research note on Monday, August 10th. Evercore reaffirmed an “outperform” rating and set a $525.00 price objective on shares of Linde in a report on Friday, July 10th. UBS Group set a $612.00 target price on shares of Linde in a research note on Monday, August 3rd. Finally, Sanford C. Bernstein boosted their target price on Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $545.38.

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.