Temasek Holdings Private Ltd Grows Stock Holdings in Linde PLC $LIN

Temasek Holdings Private Ltd grew its holdings in Linde PLC (NASDAQ:LIN) by 127.5% during the fourth quarter, HoldingsChannel reports. The firm owned 537,458 shares of the basic materials company’s stock after acquiring an additional 301,252 shares during the period. Linde comprises about 0.7% of Temasek Holdings Private Ltd’s investment portfolio, making the stock its 26th biggest holding. Temasek Holdings Private Ltd’s holdings in Linde were worth $229,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of LIN. Vanguard Group Inc. raised its position 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 buying an additional 354,800 shares during the period. State Street Corp raised its position in shares of Linde by 0.9% during the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after buying an additional 172,162 shares during the period. Geode Capital Management LLC raised its position in shares of Linde by 0.3% during 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 buying an additional 35,945 shares during the period. Capital Research Global Investors raised its position in shares of Linde by 8.6% during 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 buying an additional 797,866 shares during the period. Finally, Norges Bank purchased a new stake in shares of Linde during the 4th quarter valued at approximately $3,246,750,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, Citigroup lifted their price target on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $541.91.

Linde Stock Down 0.4%

Shares of NASDAQ LIN opened at $521.48 on Tuesday. The firm has a market cap of $241.11 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 3.29 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.87. The business’s 50 day moving average is $505.24 and its two-hundred day moving average is $472.76.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts predict that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s payout ratio is presently 42.50%.

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.