Arrowstreet Capital Limited Partnership Raises Position in Linde PLC $LIN

Arrowstreet Capital Limited Partnership increased its stake in Linde PLC (NASDAQ:LIN) by 28.6% during the first quarter, HoldingsChannel reports. The firm owned 1,624,728 shares of the basic materials company’s stock after acquiring an additional 361,664 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Linde were worth $805,475,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of LIN. Darwin Wealth Management LLC purchased a new stake in Linde in the second quarter worth $25,000. Legacy Wealth Managment LLC ID raised its stake in shares of 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 buying an additional 28 shares during the period. Triumph Capital Management lifted its position in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the last quarter. Strengthening Families & Communities LLC lifted its position in shares of Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares during the last quarter. Finally, High Note Wealth LLC grew its stake in shares of Linde by 108.6% during the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 38 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Down 0.5%

LIN stock opened at $506.32 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $234.10 billion, a PE ratio of 33.62, a PEG ratio of 3.21 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The stock has a 50-day simple moving average of $515.93 and a two-hundred day simple moving average of $493.81.

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 the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business posted $3.95 earnings per share. The company’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 analysts predict that Linde PLC will post 17.89 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors 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 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 42.50%.

Analyst Ratings Changes

Several brokerages recently weighed in on LIN. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Linde in a report on Friday, July 17th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. UBS Group reiterated a “buy” rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $548.67.

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.