Linde PLC $LIN Shares Purchased by Ally Financial Inc.

Ally Financial Inc. boosted its position in Linde PLC (NASDAQ:LIN) by 200.0% in the 4th quarter, Holdings Channel reports. The firm owned 12,000 shares of the basic materials company’s stock after acquiring an additional 8,000 shares during the quarter. Ally Financial Inc.’s holdings in Linde were worth $5,117,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital International Investors grew its holdings in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the period. S.E.E.D. Planning Group LLC grew its holdings in shares of Linde by 8.9% during the 4th 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 purchasing an additional 2,234 shares during the period. Temasek Holdings Private Ltd grew its holdings in shares of Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock worth $112,198,000 after purchasing an additional 73,850 shares during the period. Boston Trust Walden Corp grew its holdings in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after purchasing an additional 8,863 shares during the period. Finally, J. Safra Sarasin Holding AG grew its holdings in shares of Linde by 3.0% during the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after purchasing an additional 2,408 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of Linde stock opened at $523.57 on Friday. The business has a 50-day moving average of $504.86 and a 200 day moving average of $471.51. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.82. The stock has a market capitalization of $242.07 billion, a price-to-earnings ratio of 34.77, a price-to-earnings-growth 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 (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the business posted $3.95 EPS. Linde’s revenue for the quarter 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. As a group, sell-side analysts forecast that Linde PLC will post 17.86 earnings per share for the current 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 given a $1.60 dividend. The ex-dividend date of this dividend is 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%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIN. Seaport Research Partners increased their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. BMO Capital Markets restated an “outperform” rating and set a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. JPMorgan Chase & Co. raised their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Citigroup raised their target price on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company 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.