Dimensional Fund Advisors LP Grows Position in Linde PLC $LIN

Dimensional Fund Advisors LP increased its holdings in Linde PLC (NASDAQ:LIN) by 2.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,740,541 shares of the basic materials company’s stock after purchasing an additional 64,078 shares during the period. Dimensional Fund Advisors LP’s holdings in Linde were worth $1,358,712,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter valued at about $25,000. Triumph Capital Management raised its holdings in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the last quarter. Strengthening Families & Communities LLC raised its holdings 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 last quarter. High Note Wealth LLC lifted its position in Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares during the period. Finally, Manning & Napier Advisors LLC lifted its position in Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Sanford C. Bernstein set a $559.00 target price on shares of Linde in a research report on Friday. Citigroup assumed coverage on Linde in a report on Wednesday, June 24th. They set an “overweight” rating on the stock. Evercore restated an “outperform” rating and issued a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Seaport Research Partners lifted their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Linde presently has a consensus rating of “Buy” and a consensus price target of $548.67.

Linde Stock Performance

LIN opened at $513.22 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The company has a market cap of $237.29 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 3.22 and a beta of 0.72. The company’s 50 day moving average is $515.95 and its 200 day moving average is $491.54. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LIN) last announced its earnings results 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 net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the company earned $3.95 earnings per share. The firm’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. On average, equities research analysts predict that Linde PLC will post 17.88 EPS for the current year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given 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.