Allianz SE Buys 27,413 Shares of Linde PLC $LIN

Allianz SE raised its holdings in Linde PLC (NASDAQ:LIN) by 41.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 93,381 shares of the basic materials company’s stock after purchasing an additional 27,413 shares during the quarter. Allianz SE’s holdings in Linde were worth $39,817,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at $25,000. Triumph Capital Management lifted 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 purchasing an additional 27 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new stake in Linde in the 3rd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC increased its position in 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 buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Seaport Research Partners lifted their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Citigroup boosted their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $541.91.

Linde Trading Up 1.6%

Shares of Linde stock opened at $523.57 on Friday. The company has a fifty day moving average of $504.86 and a 200 day moving average of $471.51. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.82. The company has a market capitalization of $242.07 billion, a P/E ratio of 34.77, a P/E/G ratio of 3.24 and a beta of 0.72. 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 the consensus estimate 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 the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm earned $3.95 EPS. 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. On average, sell-side analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

About Linde

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.