DJE Kapital AG Buys Shares of 318,359 Linde PLC $LIN

DJE Kapital AG purchased a new stake in shares of Linde PLC (NASDAQ:LIN) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 318,359 shares of the basic materials company’s stock, valued at approximately $157,834,000. Linde accounts for approximately 3.5% of DJE Kapital AG’s portfolio, making the stock its 8th biggest holding.

Other institutional investors have also modified their holdings of the company. Capital International Investors increased its stake in shares of 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 purchasing an additional 1,275,477 shares during the period. S.E.E.D. Planning Group LLC boosted its position in shares of Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock worth $11,658,000 after buying an additional 2,234 shares during the period. J. Safra Sarasin Holding AG boosted its position in shares of Linde by 3.0% during the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after buying an additional 2,408 shares during the period. Boston Trust Walden Corp grew its holdings in Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after buying an additional 8,863 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock worth $538,558,000 after buying an additional 807,370 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LIN shares. Seaport Research Partners lifted their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, Sanford C. Bernstein set a $559.00 price objective on shares of Linde in a research note on Friday. One investment 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $548.67.

Linde Price Performance

NASDAQ LIN opened at $512.05 on Tuesday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The firm has a market capitalization of $236.74 billion, a PE ratio of 34.00, a P/E/G ratio of 3.22 and a beta of 0.72. The company’s 50 day simple moving average is $516.10 and its 200 day simple moving average is $492.13. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last released its 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. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, equities research analysts forecast that Linde PLC will post 17.88 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $1.60 dividend. 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 currently 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.