Strategic Investment Advisors MI raised its stake in Linde PLC (NASDAQ:LIN – Free Report) by 101.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,991 shares of the basic materials company’s stock after purchasing an additional 1,506 shares during the period. Strategic Investment Advisors MI’s holdings in Linde were worth $1,482,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the second quarter worth approximately $25,000. Legacy Wealth Managment LLC ID boosted its holdings in shares of Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 28 shares in the last quarter. Triumph Capital Management boosted its holdings in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares in the last quarter. Strengthening Families & Communities LLC increased its stake in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares during the period. Finally, High Note Wealth LLC increased its stake in shares of Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 38 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.
Analysts Set New Price Targets
LIN has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of Linde in a research report on Friday, July 17th. UBS Group reiterated a “buy” rating and set a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Citigroup assumed coverage on Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. Finally, Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $548.67.
Linde Trading Down 0.0%
Shares of LIN stock opened at $511.17 on Thursday. The company has a market capitalization of $236.34 billion, a price-to-earnings ratio of 33.94, a PEG ratio of 3.23 and a beta of 0.72. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $516.17 and a 200 day moving average price of $495.91. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $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. Research analysts forecast that Linde PLC will post 17.89 earnings per share for the current fiscal year.
Linde Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is 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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