Beaumont Asset Management L.L.C. Makes New $632,000 Investment in Linde PLC $LIN

Beaumont Asset Management L.L.C. acquired a new position in shares of Linde PLC (NASDAQ:LIN) during the first quarter, HoldingsChannel reports. The firm acquired 1,274 shares of the basic materials company’s stock, valued at approximately $632,000.

Several other large investors also recently made changes to their positions in LIN. Vanguard Group Inc. increased its holdings in Linde by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock worth $19,167,559,000 after buying an additional 354,800 shares during the last quarter. State Street Corp raised its stake in Linde by 0.9% in the third quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after buying an additional 172,162 shares during the period. Geode Capital Management LLC lifted its position in shares of Linde by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after buying an additional 35,945 shares during the last quarter. Capital Research Global Investors raised its stake in Linde by 8.6% in the 4th quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after acquiring an additional 797,866 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Linde by 7.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,784,371 shares of the basic materials company’s stock valued at $4,171,959,000 after purchasing an additional 695,771 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Finally, Seaport Research Partners increased their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One 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. According to MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $543.27.

Linde Trading Down 0.5%

Shares of LIN stock opened at $519.89 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $527.94. The stock’s fifty day moving average price is $507.96 and its two-hundred day moving average price is $479.18. 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 company has a market cap of $240.37 billion, a PE ratio of 34.52, a P/E/G ratio of 3.28 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the prior year, the business earned $3.95 earnings per share. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid 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 presently 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.