Linde PLC $LIN Shares Purchased by &PARTNERS

&PARTNERS increased its position in shares of Linde PLC (NASDAQ:LIN) by 8.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,748 shares of the basic materials company’s stock after purchasing an additional 7,794 shares during the quarter. &PARTNERS’s holdings in Linde were worth $42,925,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ExodusPoint Capital Management LP increased its holdings in shares of Linde by 50.4% in the fourth quarter. ExodusPoint Capital Management LP now owns 119,084 shares of the basic materials company’s stock valued at $50,776,000 after purchasing an additional 39,894 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Linde by 18.0% in the 4th quarter. Royal Bank of Canada now owns 2,250,532 shares of the basic materials company’s stock worth $959,605,000 after acquiring an additional 343,161 shares during the last quarter. Graham Capital Management L.P. raised its holdings in shares of Linde by 58.7% during the 4th quarter. Graham Capital Management L.P. now owns 10,207 shares of the basic materials company’s stock worth $4,352,000 after acquiring an additional 3,774 shares during the period. Berkshire Asset Management LLC PA raised its holdings in shares of Linde by 38.0% during the 4th quarter. Berkshire Asset Management LLC PA now owns 1,056 shares of the basic materials company’s stock worth $450,000 after acquiring an additional 291 shares during the period. Finally, Opal Capital LLC acquired a new position in shares of Linde during the 4th quarter valued at about $209,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN opened at $518.17 on Wednesday. The company has a market cap of $239.57 billion, a P/E ratio of 34.41, a PEG ratio of 3.27 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87. 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’s 50 day moving average price is $505.55 and its 200 day moving average price is $473.53.

Linde (NASDAQ:LIN) last issued its quarterly earnings results 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 company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter last year, the company posted $3.95 EPS. The firm’s revenue was up 8.2% compared to the same quarter last year. 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, research analysts forecast 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. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. 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 presently 42.50%.

Analysts Set New Price Targets

LIN has been the subject of several recent analyst reports. Citigroup raised their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada increased their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $541.91.

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.