Banque Cantonale Vaudoise Has $6.05 Million Holdings in Linde PLC $LIN

Banque Cantonale Vaudoise lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 22.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,206 shares of the basic materials company’s stock after acquiring an additional 2,230 shares during the period. Banque Cantonale Vaudoise’s holdings in Linde were worth $6,052,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in LIN. Brighton Jones LLC acquired a new stake in shares of Linde in the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC grew its holdings in shares of Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares in the last quarter. Sivia Capital Partners LLC raised its position in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. raised its position in Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC lifted its stake in Linde by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after acquiring an additional 175 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on LIN shares. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price objective on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Royal Bank Of Canada increased their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Citigroup initiated coverage on shares of Linde in a research note on Wednesday. They issued an “overweight” rating on the stock. One investment 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $543.27.

Linde Stock Up 0.7%

LIN stock opened at $515.73 on Thursday. The company has a market cap of $238.45 billion, a price-to-earnings ratio of 34.25, a P/E/G ratio of 3.22 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.87. The business has a 50 day moving average price of $507.07 and a two-hundred day moving average price of $478.03. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last announced its quarterly earnings data 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. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. Analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

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

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.