Linde PLC $LIN Shares Sold by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft lowered its position in shares of Linde PLC (NASDAQ:LIN) by 6.8% in the first quarter, Holdings Channel reports. The institutional investor owned 86,873 shares of the basic materials company’s stock after selling 6,353 shares during the quarter. Linde comprises approximately 3.3% of Baader Bank Aktiengesellschaft’s holdings, making the stock its 4th largest position. Baader Bank Aktiengesellschaft’s holdings in Linde were worth $43,043,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LIN. Darwin Wealth Management LLC purchased a new position in Linde in the second quarter worth approximately $25,000. Legacy Wealth Managment LLC ID raised its position in Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the period. Manning & Napier Advisors LLC raised its position in Linde by 1,450.0% in 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. Triumph Capital Management raised its position in Linde by 69.2% in 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 period. Finally, Strengthening Families & Communities LLC lifted its stake 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 purchasing an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Sanford C. Bernstein set a $559.00 price objective on shares of Linde in a report on Friday. Citigroup assumed coverage on shares of Linde in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. increased their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Linde has a consensus rating of “Buy” and a consensus price target of $548.67.

Linde Trading Down 0.2%

LIN opened at $512.05 on Tuesday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20. The business has a fifty day simple moving average of $516.10 and a 200-day simple moving average of $492.13. The firm has a market cap of $236.74 billion, a P/E ratio of 34.00, a P/E/G ratio of 3.22 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 issued its quarterly earnings data 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. The business had revenue of $8.78 billion during 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 company’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm 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. On average, equities analysts expect that Linde PLC will post 17.88 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s 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.