Universal Beteiligungs und Servicegesellschaft mbH Has $420.31 Million Position in Linde PLC $LIN

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Linde PLC (NASDAQ:LIN) by 3.8% during the 3rd quarter, Holdings Channel reports. The fund owned 884,865 shares of the basic materials company’s stock after acquiring an additional 32,395 shares during the period. Linde comprises approximately 0.7% of Universal Beteiligungs und Servicegesellschaft mbH’s investment portfolio, making the stock its 17th largest position. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Linde were worth $420,311,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in Linde during the 2nd quarter valued at $25,000. Marquette Asset Management LLC purchased a new position in Linde in the third quarter valued at approximately $27,000. YANKCOM Partnership grew its stake in shares of Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares during the period. Albion Financial Group UT raised its position in shares of Linde by 87.8% in the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 36 shares during the period. Finally, Howard Hughes Medical Institute bought a new position in shares of Linde in the second quarter worth $48,000. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on LIN. Citigroup decreased their price target on shares of Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a report on Monday, November 3rd. JPMorgan Chase & Co. cut their price objective on shares of Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research note on Monday, November 3rd. Royal Bank Of Canada lowered their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Finally, UBS Group reissued a “buy” rating on shares of Linde in a research report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $499.25.

Linde Trading Down 1.3%

NASDAQ:LIN opened at $433.15 on Wednesday. The company has a market cap of $202.26 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 3.07 and a beta of 0.85. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.46. Linde PLC has a 12 month low of $387.78 and a 12 month high of $486.38. The company has a 50 day simple moving average of $420.62 and a two-hundred day simple moving average of $448.66.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.03. The business had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.62 billion. Linde had a net margin of 21.17% and a return on equity of 19.38%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $3.94 EPS. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. Research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were paid a dividend of $1.50 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $6.00 dividend on an annualized basis and a yield of 1.4%. Linde’s dividend payout ratio is presently 40.19%.

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.