Linde PLC $LIN Shares Acquired by Avanda Investment Management Pte. Ltd.

Avanda Investment Management Pte. Ltd. grew its stake in Linde PLC (NASDAQ:LIN) by 28.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,100 shares of the basic materials company’s stock after purchasing an additional 2,900 shares during the period. Linde comprises 5.6% of Avanda Investment Management Pte. Ltd.’s investment portfolio, making the stock its 6th biggest position. Avanda Investment Management Pte. Ltd.’s holdings in Linde were worth $5,586,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LIN. Brighton Jones LLC acquired a new position in shares of Linde in the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC lifted its holdings in shares of Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after buying an additional 96 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the period. Schnieders Capital Management LLC. raised its holdings in Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the period. Finally, Gabelli Funds LLC raised its holdings in Linde by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Seaport Research Partners upped their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, UBS Group reaffirmed a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $541.91.

Linde Price Performance

LIN stock opened at $523.57 on Friday. The firm has a market capitalization of $242.07 billion, a PE ratio of 34.77, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.82. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business has a 50 day simple moving average of $504.86 and a 200-day simple moving average of $471.51.

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, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business 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. Equities research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given 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 is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 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.