Linde PLC $LIN is Adams Natural Resources Fund Inc.’s 5th Largest Position

Adams Natural Resources Fund Inc. reduced its holdings in Linde PLC (NASDAQ:LIN) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,700 shares of the basic materials company’s stock after selling 7,800 shares during the period. Linde comprises about 3.5% of Adams Natural Resources Fund Inc.’s holdings, making the stock its 5th largest holding. Adams Natural Resources Fund Inc.’s holdings in Linde were worth $22,897,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in Linde in the 2nd quarter worth about $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the 3rd quarter worth about $29,000. Saranac Partners Ltd purchased a new stake in Linde in the 3rd quarter worth about $29,000. Triumph Capital Management lifted its stake in Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. Finally, Caitlin John LLC purchased a new stake in Linde in the 3rd quarter worth about $32,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Up 1.6%

Shares of Linde stock opened at $523.57 on Friday. The firm has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. 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 PLC has a 52-week low of $387.78 and a 52-week high of $525.82. The stock has a 50-day simple moving average of $504.86 and a 200-day simple moving average of $471.51.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The business 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 revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company 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. On average, equities research analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LIN shares. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” 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 research note on Wednesday, May 13th. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. raised 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. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $541.91.

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.