Great Lakes Advisors LLC Grows Holdings in Linde PLC $LIN

Great Lakes Advisors LLC increased its position in shares of Linde PLC (NASDAQ:LIN) by 1,477.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 350,060 shares of the basic materials company’s stock after buying an additional 327,873 shares during the period. Linde comprises approximately 1.2% of Great Lakes Advisors LLC’s holdings, making the stock its 18th biggest holding. Great Lakes Advisors LLC owned about 0.07% of Linde worth $149,264,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter worth $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde during the 3rd quarter worth $29,000. Saranac Partners Ltd purchased a new stake in Linde during the 3rd quarter worth $29,000. Caitlin John LLC purchased a new stake in Linde during the 3rd quarter worth $32,000. Finally, Strengthening Families & Communities LLC increased its stake in Linde by 134.5% during 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 during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. 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 boosted their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Price Performance

LIN opened at $515.44 on Friday. The company has a 50-day moving average of $504.26 and a 200-day moving average of $471.14. The company has a market capitalization of $238.31 billion, a P/E ratio of 34.23, a PEG ratio of 3.20 and a beta of 0.72. Linde PLC has a 1-year low of $387.78 and a 1-year high of $522.89. 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 (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 the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.95 EPS. 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 expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders 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 annualized dividend and a dividend yield of 1.2%. Linde’s payout ratio is presently 42.50%.

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.