AMF Tjanstepension AB Has $450.38 Million Stake in Linde PLC $LIN

AMF Tjanstepension AB raised its holdings in Linde PLC (NASDAQ:LIN) by 1.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 908,456 shares of the basic materials company’s stock after buying an additional 12,325 shares during the period. Linde comprises approximately 3.0% of AMF Tjanstepension AB’s investment portfolio, making the stock its 9th biggest holding. AMF Tjanstepension AB’s holdings in Linde were worth $450,376,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LIN. Meadowbrook Advisors Group LLC boosted its position in shares of Linde by 4.3% during the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares during the period. Binnacle Investments Inc raised its position in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the period. Mutual Advisors LLC raised its position in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the period. Blalock Williams LLC lifted its stake in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after purchasing an additional 22 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its stake in Linde by 0.5% during the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after purchasing an additional 22 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Evercore reissued an “outperform” rating and set a $525.00 target price on shares of Linde in a research note on Friday. UBS Group restated a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Linde has an average rating of “Buy” and a consensus target price of $541.75.

Linde Stock Performance

NASDAQ:LIN opened at $529.79 on Monday. The stock has a 50-day simple moving average of $513.87 and a 200-day simple moving average of $488.19. The stock has a market cap of $244.95 billion, a P/E ratio of 35.18, a P/E/G ratio of 3.33 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last released its quarterly earnings data 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 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 EPS. The business’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, analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is currently 42.50%.

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.