Consulta Ltd acquired a new stake in Linde PLC (NASDAQ:LIN – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 180,000 shares of the basic materials company’s stock, valued at approximately $76,750,000. Linde comprises approximately 3.8% of Consulta Ltd’s investment portfolio, making the stock its 11th largest holding.
Other institutional investors have also made changes to their positions in the company. City National Bank of Florida MSD boosted its holdings in Linde by 7.2% during the fourth quarter. City National Bank of Florida MSD now owns 1,104 shares of the basic materials company’s stock worth $471,000 after purchasing an additional 74 shares during the last quarter. Asset One Wealth Management LLC acquired a new stake in Linde in the 4th quarter valued at $321,000. Aureus Asset Management LLC increased its stake in Linde by 7,526.1% in the 4th quarter. Aureus Asset Management LLC now owns 54,603 shares of the basic materials company’s stock valued at $23,282,000 after buying an additional 53,887 shares during the last quarter. Basso Capital Management L.P. bought a new stake in Linde during the 4th quarter worth about $252,000. Finally, Boothbay Fund Management LLC lifted its position in Linde by 498.2% during the 4th quarter. Boothbay Fund Management LLC now owns 3,362 shares of the basic materials company’s stock worth $1,434,000 after buying an additional 2,800 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.
Analysts Set New Price Targets
Several brokerages have recently weighed in on LIN. Royal Bank Of Canada raised their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. UBS Group restated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. upped their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s 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 Down 0.4%
LIN opened at $515.85 on Thursday. The stock’s fifty day simple moving average is $505.88 and its 200 day simple moving average is $474.29. Linde PLC has a 1-year low of $387.78 and a 1-year high of $525.87. The stock has a market cap of $238.50 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 3.25 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.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $8.78 billion during 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 company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.95 earnings per share. 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 expect that Linde PLC will post 17.86 earnings per share for the current year.
Linde Announces Dividend
The business 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 dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s payout ratio is presently 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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