Nuveen LLC Has $1.60 Billion Stock Position in Linde PLC $LIN

Nuveen LLC lowered its position in shares of Linde PLC (NASDAQ:LINFree Report) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,753,182 shares of the basic materials company’s stock after selling 186,350 shares during the quarter. Nuveen LLC owned 0.80% of Linde worth $1,600,319,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde in the 3rd quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde in the 3rd quarter valued at approximately $29,000. Strengthening Families & Communities LLC boosted its holdings in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the last quarter. Finally, High Note Wealth LLC boosted its holdings in shares of Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Up 1.2%

Shares of NASDAQ:LIN opened at $515.44 on Friday. The business’s 50 day simple moving average is $504.26 and its 200 day simple moving average is $471.14. Linde PLC has a 1 year low of $387.78 and a 1 year high of $522.89. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company has a market capitalization of $238.31 billion, a P/E ratio of 34.23, a P/E/G ratio of 3.20 and a beta of 0.72.

Linde (NASDAQ:LINGet Free Report) last issued its earnings results 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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the company earned $3.95 EPS. 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. On average, research analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LIN shares. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Royal Bank Of Canada increased their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $541.91.

View Our Latest Analysis on Linde

Linde Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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