Capricorn Fund Managers Ltd Has $2.96 Million Stock Holdings in Linde PLC $LIN

Capricorn Fund Managers Ltd lowered its stake in Linde PLC (NASDAQ:LIN) by 26.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,968 shares of the basic materials company’s stock after selling 2,146 shares during the quarter. Capricorn Fund Managers Ltd’s holdings in Linde were worth $2,958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in LIN. Darwin Wealth Management LLC bought a new position in Linde during the second quarter worth about $25,000. Triumph Capital Management increased its stake in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new stake in shares of Linde in the 3rd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC raised its position in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the period. 82.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. UBS Group restated a “buy” rating and issued a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One 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 company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $543.27.

Linde Price Performance

NASDAQ LIN opened at $518.94 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock has a market cap of $239.93 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 3.21 and a beta of 0.72. The business has a 50 day simple moving average of $508.73 and a 200 day simple moving average of $481.55. Linde PLC has a 52-week low of $387.78 and a 52-week high of $527.94.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter in the previous year, the firm posted $3.95 earnings per share. The business’s revenue 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. Analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed 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 dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio (DPR) 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.