Regents Gate Capital LLP Makes New $14.54 Million Investment in Linde PLC $LIN

Regents Gate Capital LLP purchased a new position in shares of Linde PLC (NASDAQ:LINFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 34,088 shares of the basic materials company’s stock, valued at approximately $14,535,000. Linde comprises 4.7% of Regents Gate Capital LLP’s holdings, making the stock its 4th largest position.

A number of other hedge funds have also added to or reduced their stakes in LIN. Vanguard Group Inc. lifted its stake in Linde by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock worth $19,167,559,000 after purchasing an additional 354,800 shares during the last quarter. State Street Corp raised its stake in Linde by 0.9% during the third quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock worth $9,176,828,000 after acquiring an additional 172,162 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Linde by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock worth $4,820,533,000 after acquiring an additional 35,945 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of Linde by 8.6% in the 4th quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after purchasing an additional 797,866 shares in the last quarter. Finally, Norges Bank acquired a new position in Linde during the 4th quarter worth approximately $3,246,750,000. 82.80% of the stock is owned by institutional investors.

Linde Stock Performance

Shares of LIN stock opened at $515.44 on Friday. The stock has a market capitalization of $238.31 billion, a PE ratio of 34.23, a PEG ratio of 3.20 and a beta of 0.72. The business’s 50 day simple moving average is $504.26 and its 200 day simple moving average is $471.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a one year low of $387.78 and a one year high of $522.89.

Linde (NASDAQ:LINGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the company earned $3.95 EPS. The company’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. As a group, research analysts forecast 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. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the topic of a number of research reports. UBS Group restated a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Citigroup upped their price target on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $541.91.

Read Our Latest Stock Report on Linde

About Linde

(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.

Further Reading

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Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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