Linde PLC $LIN Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. lessened its stake in shares of Linde PLC (NASDAQ:LIN) by 13.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,480 shares of the basic materials company’s stock after selling 15,668 shares during the period. Brown Advisory Inc.’s holdings in Linde were worth $44,549,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of LIN. Aigen Investment Management LP increased its stake in Linde by 35.8% in the fourth quarter. Aigen Investment Management LP now owns 8,378 shares of the basic materials company’s stock valued at $3,572,000 after purchasing an additional 2,209 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Linde by 177.2% during 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 purchasing an additional 807,370 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Linde in the 4th quarter worth about $128,000. Ally Financial Inc. lifted its position in Linde by 200.0% during the 4th quarter. Ally Financial Inc. now owns 12,000 shares of the basic materials company’s stock worth $5,117,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in Linde by 1.3% during the 4th quarter. Aptus Capital Advisors LLC now owns 64,350 shares of the basic materials company’s stock worth $27,438,000 after acquiring an additional 803 shares in the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of NASDAQ LIN opened at $521.48 on Tuesday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.87. The business’s 50 day moving average price is $505.24 and its two-hundred day moving average price is $472.76. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a market cap of $241.11 billion, a PE ratio of 34.63, a price-to-earnings-growth ratio of 3.29 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping 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 business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the business posted $3.95 earnings per share. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. 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, analysts predict that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be 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 is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Royal Bank Of Canada lifted their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. Citigroup increased their target price on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. UBS Group restated a “buy” rating and set a $600.00 target price on shares of Linde in a research report on Tuesday, June 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $541.91.

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.