Venture Visionary Partners LLC cut its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 11.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,010 shares of the basic materials company’s stock after selling 3,307 shares during the period. Venture Visionary Partners LLC’s holdings in Linde were worth $11,126,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital International Investors boosted its position in shares of Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the period. S.E.E.D. Planning Group LLC raised its position 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 during the period. Temasek Holdings Private Ltd raised its position 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 during the period. Boston Trust Walden Corp lifted its stake 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 buying an additional 8,863 shares in the last quarter. Finally, J. Safra Sarasin Holding AG lifted its stake 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 buying an additional 2,408 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on LIN shares. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. Citigroup lifted their target price on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Seaport Research Partners upped their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Linde currently has an average rating of “Buy” and an average price target of $541.91.
Linde Stock Performance
Shares of Linde stock opened at $523.57 on Monday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.82. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $504.86 and a 200-day moving average price of $471.96. The firm has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72.
Linde (NASDAQ:LIN – Get Free Report) 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 return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the previous year, the business earned $3.95 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. 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 research analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.
Linde Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is currently 42.50%.
Linde 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.
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