ExodusPoint Capital Management LP Raises Holdings in Linde PLC $LIN

ExodusPoint Capital Management LP lifted its stake in Linde PLC (NASDAQ:LIN) by 50.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 119,084 shares of the basic materials company’s stock after buying an additional 39,894 shares during the quarter. Linde makes up 0.4% of ExodusPoint Capital Management LP’s holdings, making the stock its 21st largest position. ExodusPoint Capital Management LP’s holdings in Linde were worth $50,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde in the second quarter worth about $25,000. Triumph Capital Management boosted its stake in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde in the third quarter worth about $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter worth about $29,000. Finally, Strengthening Families & Communities LLC boosted its stake in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Price Performance

NASDAQ:LIN opened at $518.17 on Wednesday. Linde PLC has a one year low of $387.78 and a one year high of $525.87. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock has a market cap of $239.57 billion, a PE ratio of 34.41, a P/E/G ratio of 3.27 and a beta of 0.72. The stock has a 50 day moving average price of $505.55 and a 200 day moving average price of $473.53.

Linde (NASDAQ:LIN) last posted 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 return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter last year, the firm earned $3.95 earnings per share. The business’s revenue for the quarter 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. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $1.60 dividend. 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 (DPR) is currently 42.50%.

Wall Street Analyst Weigh In

LIN has been the topic of a number of recent research reports. UBS Group restated a “buy” rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Seaport Research Partners upped their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada upped their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Citigroup upped their target price on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus 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.