Linde PLC $LIN Shares Purchased by World Investment Advisors

World Investment Advisors grew its holdings in shares of Linde PLC (NASDAQ:LIN) by 38.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,829 shares of the basic materials company’s stock after purchasing an additional 1,073 shares during the period. World Investment Advisors’ holdings in Linde were worth $1,632,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Linde by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after acquiring an additional 354,800 shares in the last quarter. State Street Corp boosted its position in Linde by 0.9% during the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock worth $9,176,828,000 after purchasing an additional 172,162 shares during the period. Geode Capital Management LLC increased its holdings in Linde by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after purchasing an additional 35,945 shares in the last quarter. Capital Research Global Investors increased its holdings in 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, Price T Rowe Associates Inc. MD raised its position in Linde by 7.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,784,371 shares of the basic materials company’s stock valued at $4,171,959,000 after purchasing an additional 695,771 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

Linde stock opened at $512.15 on Friday. Linde PLC has a 12-month low of $387.78 and a 12-month high of $525.87. The company has a market capitalization of $236.79 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.21 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The firm’s fifty day moving average price is $506.46 and its 200 day moving average price is $475.27.

Linde (NASDAQ:LIN) last issued 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 for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have commented on LIN shares. Citigroup boosted their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Seaport Research Partners increased their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada raised their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $541.91.

About Linde

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.