Louisiana State Employees Retirement System Acquires New Stake in Linde PLC $LIN

Posted by Brian Himes on Jun 26th, 2026

Louisiana State Employees Retirement System bought a new position in shares of Linde PLC (NASDAQ:LIN – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 54,200 shares of the basic materials company’s stock, valued at approximately $26,870,000. Linde makes up 0.5% of Louisiana State Employees Retirement System’s holdings, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter worth about $25,000. Triumph Capital Management raised its stake in 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 purchasing an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd bought a new stake in Linde during the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC increased its holdings in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research reports. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Citigroup began coverage on shares of Linde in a research report on Wednesday. They set an “overweight” rating on the stock. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Seaport Research Partners boosted their price objective on shares of 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, ten have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $543.27.

Get Our Latest Report on LIN

Linde Trading Up 1.3%

LIN opened at $522.28 on Friday. The stock has a market cap of $241.47 billion, a PE ratio of 34.68, a PEG ratio of 3.24 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average of $507.52 and a 200-day moving average of $478.89. Linde PLC has a 52 week low of $387.78 and a 52 week high of $527.94.

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 for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company 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. Equities research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is 42.50%.

Linde 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.