Maren Capital LLC raised its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 35.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 364,233 shares of the basic materials company’s stock after purchasing an additional 94,996 shares during the period. Linde accounts for about 8.4% of Maren Capital LLC’s holdings, making the stock its 6th biggest position. Maren Capital LLC’s holdings in Linde were worth $155,305,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Capital International Investors raised its holdings in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after purchasing an additional 1,275,477 shares in the last quarter. S.E.E.D. Planning Group LLC raised its holdings in shares of Linde by 8.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after purchasing an additional 2,234 shares in the last quarter. Temasek Holdings Private Ltd raised its holdings in shares of Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after purchasing an additional 73,850 shares in the last quarter. Boston Trust Walden Corp raised its holdings in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after purchasing an additional 8,863 shares in the last quarter. Finally, J. Safra Sarasin Holding AG raised its holdings in shares of Linde by 3.0% during the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock valued at $35,493,000 after purchasing an additional 2,408 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on LIN. JPMorgan Chase & Co. raised their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, Citigroup raised their price target on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Linde currently has a consensus rating of “Buy” and a consensus target price of $541.91.
Linde Stock Performance
Shares of LIN opened at $523.57 on Monday. The company has a market capitalization of $242.07 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.29 and a beta of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $525.82. 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’s fifty day moving average price is $504.86 and its 200 day moving average price is $471.96.
Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $3.95 EPS. 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, analysts expect that Linde PLC will post 17.86 earnings per share for the current year.
Linde Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.
About Linde
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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