OMERS ADMINISTRATION Corp Has $135.40 Million Stock Holdings in Linde PLC $LIN

OMERS ADMINISTRATION Corp decreased its holdings in shares of Linde PLC (NASDAQ:LIN) by 34.3% in the first quarter, Holdings Channel reports. The firm owned 273,121 shares of the basic materials company’s stock after selling 142,380 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Linde were worth $135,402,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter worth approximately $25,000. Legacy Wealth Managment LLC ID boosted its stake in Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares in the last quarter. Manning & Napier Advisors LLC boosted its stake in Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after buying an additional 58 shares in the last quarter. Triumph Capital Management grew its position in Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares during the period. Finally, Strengthening Families & Communities LLC grew its position in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Price Performance

Linde stock opened at $512.28 on Friday. The business’s fifty day moving average is $516.05 and its two-hundred day moving average is $493.94. 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 cap of $236.85 billion, a P/E ratio of 34.02, a P/E/G ratio of 3.23 and a beta of 0.72. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion during 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 period last year, the company 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. Equities research analysts forecast that Linde PLC will post 17.89 earnings per share for the current fiscal year.

Linde Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LIN shares. Sanford C. Bernstein set a $559.00 price objective on Linde in a report on Friday, July 17th. Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Citigroup started coverage on shares of Linde in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $548.67.

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.