Linde PLC $LIN Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust raised its position in Linde PLC (NASDAQ:LINFree Report) by 76.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,259 shares of the basic materials company’s stock after acquiring an additional 1,416 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Linde were worth $1,691,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Capital International Investors boosted its holdings in Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after purchasing an additional 1,275,477 shares during the period. National Pension Service raised its position in Linde by 23.9% in the 4th quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock valued at $511,056,000 after purchasing an additional 231,048 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after purchasing an additional 807,370 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Linde by 6.5% in the 4th quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company’s stock valued at $1,251,430,000 after buying an additional 179,359 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Linde by 35.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 348,815 shares of the basic materials company’s stock valued at $148,731,000 after buying an additional 90,858 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LIN has been the topic of a number of recent research reports. The Goldman Sachs Group set a $580.00 target price on shares of Linde in a research note on Monday, August 10th. Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a report on Friday, July 10th. Royal Bank Of Canada lowered their target price on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research note on Monday, August 3rd. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Finally, BMO Capital Markets decreased their price target on Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $545.38.

Check Out Our Latest Analysis on Linde

Linde Stock Performance

NASDAQ LIN opened at $477.57 on Tuesday. The company has a fifty day moving average of $501.38 and a two-hundred day moving average of $501.94. The company has a market capitalization of $220.15 billion, a PE ratio of 30.85, a P/E/G ratio of 2.79 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. 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 (NASDAQ:LINGet Free Report) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. During the same quarter in the previous year, the firm earned $4.09 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. 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, analysts expect that Linde PLC will post 17.85 earnings per share for the current year.

Linde Dividend Announcement

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

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.

Further Reading

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Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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