Steigerwald Gordon & Koch Inc. Has $17.71 Million Stock Holdings in Linde PLC $LIN

Steigerwald Gordon & Koch Inc. grew its position in shares of Linde PLC (NASDAQ:LIN) by 4.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 35,734 shares of the basic materials company’s stock after buying an additional 1,635 shares during the quarter. Linde makes up approximately 1.8% of Steigerwald Gordon & Koch Inc.’s portfolio, making the stock its 21st largest position. Steigerwald Gordon & Koch Inc.’s holdings in Linde were worth $17,715,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of LIN. Walkner Condon Financial Advisors LLC bought a new stake in Linde in the 1st quarter valued at about $253,000. V Square Quantitative Management LLC increased its holdings in shares of Linde by 2.0% during the first quarter. V Square Quantitative Management LLC now owns 8,226 shares of the basic materials company’s stock worth $4,078,000 after purchasing an additional 163 shares during the period. CWS Financial Advisors LLC increased its holdings in shares of Linde by 7.8% during the first quarter. CWS Financial Advisors LLC now owns 2,155 shares of the basic materials company’s stock worth $1,068,000 after purchasing an additional 156 shares during the period. Beacon Financial Advisory LLC acquired a new stake in shares of Linde in the first quarter valued at approximately $265,000. Finally, QRG Capital Management Inc. raised its position in shares of Linde by 22.9% in the first quarter. QRG Capital Management Inc. now owns 71,604 shares of the basic materials company’s stock valued at $35,498,000 after buying an additional 13,346 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LIN. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. raised 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Linde presently has an average rating of “Buy” and a consensus target price of $543.27.

Linde Stock Performance

LIN opened at $546.64 on Friday. The company’s 50 day moving average is $511.51 and its 200-day moving average is $483.83. Linde PLC has a 1-year low of $387.78 and a 1-year high of $547.22. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The company has a market cap of $252.74 billion, a P/E ratio of 36.30, a PEG ratio of 3.43 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business 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 firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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. Equities research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid 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 of this dividend was Thursday, June 4th. 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.