MASTERINVEST Kapitalanlage GmbH grew its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 13.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,081 shares of the basic materials company’s stock after purchasing an additional 1,881 shares during the period. Linde makes up about 0.8% of MASTERINVEST Kapitalanlage GmbH’s investment portfolio, making the stock its 26th largest position. MASTERINVEST Kapitalanlage GmbH’s holdings in Linde were worth $7,972,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in Linde during the 2nd quarter valued at $25,000. Triumph Capital Management increased its stake in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in Linde in the 3rd quarter worth $29,000. Saranac Partners Ltd acquired a new position in Linde in the 3rd quarter worth $29,000. Finally, Strengthening Families & Communities LLC lifted its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on LIN shares. UBS Group restated a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Citigroup started coverage on Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Evercore restated an “outperform” rating and set a $525.00 price objective on shares of Linde in a research note on Friday. Finally, Royal Bank Of Canada lifted their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $541.75.
Linde Stock Down 0.3%
Shares of NASDAQ:LIN opened at $522.54 on Wednesday. The company’s fifty day moving average is $514.77 and its two-hundred day moving average is $489.60. 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 1-year low of $387.78 and a 1-year high of $548.20. The stock has a market capitalization of $241.59 billion, a price-to-earnings ratio of 34.70, a price-to-earnings-growth ratio of 3.29 and a beta of 0.72.
Linde (NASDAQ:LIN – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same period in the previous year, the business posted $3.95 EPS. The company’s quarterly 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. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current year.
Linde Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a 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.
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