12,588 Shares in Linde PLC $LIN Purchased by Entropy Technologies LP

Entropy Technologies LP acquired a new position in shares of Linde PLC (NASDAQ:LIN) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,588 shares of the basic materials company’s stock, valued at approximately $6,241,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LIN. Meadowbrook Advisors Group LLC boosted its holdings in shares of Linde by 4.3% in the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares during the period. Blalock Williams LLC raised its holdings in Linde by 4.5% during the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares during the period. Mutual Advisors LLC raised its holdings in Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares during the period. Valmark Advisers Inc. lifted its position in Linde by 0.5% in the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after buying an additional 22 shares during the last quarter. Finally, Binnacle Investments Inc lifted its position in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares during the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Citigroup initiated coverage on shares of Linde in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price target on shares of Linde in a research note on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Sanford C. Bernstein set a $559.00 target price on Linde in a research report on Friday, July 17th. Finally, UBS Group reiterated a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average price target of $548.67.

Linde Stock Up 1.2%

Shares of NASDAQ LIN opened at $512.28 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The firm has a market capitalization of $236.85 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 3.20 and a beta of 0.72. The stock has a 50 day moving average price of $516.05 and a 200 day moving average price of $493.94. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for 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% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts expect that Linde PLC will post 17.89 earnings per share for the current year.

Linde Announces Dividend

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

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.