Fort Washington Investment Advisors Inc. OH Acquires 5,919 Shares of Linde PLC $LIN

Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Linde PLC (NASDAQ:LIN) by 5.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,350 shares of the basic materials company’s stock after buying an additional 5,919 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Linde were worth $58,177,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter valued at about $25,000. Triumph Capital Management increased 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 purchasing an additional 27 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in Linde in the third quarter valued at approximately $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde during the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC boosted its stake in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. 82.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. Citigroup assumed coverage on shares of Linde in a research report on Wednesday. They issued an “overweight” rating on the stock. Seaport Research Partners increased their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Royal Bank Of Canada raised their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average price target of $543.27.

Linde Price Performance

Shares of Linde stock opened at $519.89 on Friday. The business has a 50 day moving average of $507.96 and a 200 day moving average of $479.18. Linde PLC has a 52 week low of $387.78 and a 52 week high of $527.94. The company has a market cap of $240.37 billion, a PE ratio of 34.52, a P/E/G ratio of 3.26 and a beta of 0.72. 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 released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.95 earnings per share. 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, equities research analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

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

Linde Company 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.