Deutsche Bank AG lifted its stake in Linde PLC (NASDAQ:LIN – Free Report) by 40.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,941,719 shares of the basic materials company’s stock after buying an additional 1,130,001 shares during the quarter. Linde makes up 0.5% of Deutsche Bank AG’s holdings, making the stock its 23rd largest position. Deutsche Bank AG owned about 0.84% of Linde worth $1,680,710,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Capital International Investors raised its holdings in Linde by 20.1% in the 4th 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 holdings in shares of Linde by 8.9% during the fourth 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 acquiring an additional 2,234 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Linde during the third quarter valued at approximately $4,243,000. Temasek Holdings Private Ltd raised its holdings in shares of Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after acquiring an additional 73,850 shares during the last quarter. Finally, Boston Trust Walden Corp raised its holdings in shares of Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after acquiring an additional 8,863 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on LIN shares. UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Royal Bank Of Canada increased their price target on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Erste Group Bank raised 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 issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $541.91.
Linde Price Performance
NASDAQ:LIN opened at $515.59 on Wednesday. Linde PLC has a one year low of $387.78 and a one year high of $521.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock has a market cap of $238.38 billion, a PE ratio of 34.24, a P/E/G ratio of 3.15 and a beta of 0.72. The stock has a 50 day moving average price of $503.67 and a 200 day moving average price of $469.71.
Linde (NASDAQ:LIN – Get Free Report) last posted its quarterly 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 return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter last year, the firm earned $3.95 earnings per share. The business’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 expect that Linde PLC will post 17.86 EPS for the current fiscal year.
Linde Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given 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 is presently 42.50%.
Linde Company 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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