Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Has $37.30 Million Position in Linde PLC $LIN

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. decreased its stake in shares of Linde PLC (NASDAQ:LIN) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 79,493 shares of the basic materials company’s stock after selling 329 shares during the period. Linde accounts for about 4.4% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s portfolio, making the stock its 8th largest holding. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.’s holdings in Linde were worth $37,297,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of LIN. Brighton Jones LLC bought a new stake in shares of Linde during the fourth quarter worth approximately $2,752,000. Revolve Wealth Partners LLC boosted its stake in 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 during the period. GAMMA Investing LLC boosted its stake in Linde by 25.4% in the 1st quarter. GAMMA Investing LLC now owns 7,336 shares of the basic materials company’s stock valued at $3,416,000 after purchasing an additional 1,488 shares during the period. West Branch Capital LLC boosted its position in shares of Linde by 42.5% in the first quarter. West Branch Capital LLC now owns 2,955 shares of the basic materials company’s stock valued at $1,376,000 after acquiring an additional 881 shares during the period. Finally, Elevation Point Wealth Partners LLC boosted its position in shares of Linde by 58.5% in the first quarter. Elevation Point Wealth Partners LLC now owns 7,901 shares of the basic materials company’s stock valued at $3,679,000 after acquiring an additional 2,917 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.9%

LIN opened at $453.82 on Friday. Linde PLC has a twelve month low of $408.65 and a twelve month high of $487.49. The company has a 50-day simple moving average of $474.45 and a 200 day simple moving average of $464.51. The company has a quick ratio of 0.78, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $212.80 billion, a price-to-earnings ratio of 32.28, a P/E/G ratio of 3.00 and a beta of 0.93.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.03 by $0.06. Linde had a net margin of 20.20% and a return on equity of 19.09%. The company had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. During the same quarter in the prior year, the firm posted $3.85 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Linde has set its FY 2025 guidance at 16.300-16.500 EPS. Q3 2025 guidance at 4.100-4.20 EPS. Analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th were paid a dividend of $1.50 per share. The ex-dividend date was Thursday, September 4th. This represents a $6.00 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio is presently 42.67%.

Insiders Place Their Bets

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $473.38, for a total transaction of $23,815,274.42. Following the completion of the sale, the director directly owned 480,543 shares in the company, valued at $227,479,445.34. This represents a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LIN. Weiss Ratings reissued a “buy (b)” rating on shares of Linde in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of Linde from $470.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, August 4th. UBS Group cut their price objective on shares of Linde from $510.00 to $507.00 and set a “neutral” rating for the company in a report on Monday, October 6th. Finally, Citigroup boosted their price target on Linde from $530.00 to $535.00 and gave the company a “buy” rating in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Linde presently has an average rating of “Buy” and an average price target of $520.00.

Linde Company Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.