Mariner LLC Has $167.68 Million Position in Linde PLC $LIN

Mariner LLC grew its position in Linde PLC (NASDAQ:LIN) by 1.5% during the 4th quarter, HoldingsChannel reports. The firm owned 393,231 shares of the basic materials company’s stock after purchasing an additional 5,786 shares during the quarter. Mariner LLC’s holdings in Linde were worth $167,681,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Norges Bank bought a new stake in shares of Linde in the 4th quarter valued at $3,246,750,000. SG Americas Securities LLC lifted its holdings in Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after acquiring an additional 2,401,894 shares in the last quarter. Capital International Investors grew its stake 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 acquiring an additional 1,275,477 shares during the period. Deutsche Bank AG increased its holdings in shares of Linde by 40.2% in the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after acquiring an additional 1,130,001 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Linde in the third quarter worth about $453,274,000. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

Shares of Linde stock opened at $523.57 on Monday. The firm has a market cap of $242.07 billion, a PE ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. The business’s 50 day simple moving average is $504.86 and its 200 day simple moving average is $471.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.82.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm posted $3.95 EPS. The business’s revenue was up 8.2% on a year-over-year basis. 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, analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. UBS Group reiterated a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a report on Monday, May 4th. Seaport Research Partners upped their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada increased their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $541.91.

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.