Flossbach Von Storch SE Takes Position in Linde PLC $LIN

Flossbach Von Storch SE purchased a new position in shares of Linde PLC (NASDAQ:LIN – Free Report) in the second quarter, Holdings Channel.com reports. The fund purchased 845,040 shares of the basic materials company’s stock, valued at approximately $438,525,000. Linde makes up approximately 2.0% of Flossbach Von Storch SE’s portfolio, making the stock its 19th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of Linde during the 4th quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC increased its position in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after purchasing an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC boosted its position in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after buying an additional 175 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

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Linde Stock Performance

Shares of LIN stock opened at $481.13 on Thursday. The stock has a market capitalization of $221.79 billion, a PE ratio of 31.08, a PEG ratio of 3.01 and a beta of 0.72. The business’s 50 day simple moving average is $509.48 and its 200 day simple moving average is $500.19. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. The firm had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business earned $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, research analysts forecast that Linde PLC will post 17.85 earnings per share for the current year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is currently 41.34%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. BMO Capital Markets decreased their target price on shares of Linde from $560.00 to $546.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. JPMorgan Chase & Co. increased their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. The Goldman Sachs Group set a $580.00 price target on Linde in a research note on Monday, August 10th. Evercore restated an “outperform” rating and set a $525.00 price target on shares of Linde in a report on Friday, July 10th. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $545.38.

Read Our Latest Stock Report 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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