Linde PLC $LIN is Criteria Caixa S.A.U.’s 5th Largest Position

Criteria Caixa S.A.U. cut its stake in shares of Linde PLC (NASDAQ:LIN) by 18.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 83,900 shares of the basic materials company’s stock after selling 18,790 shares during the period. Linde comprises approximately 8.1% of Criteria Caixa S.A.U.’s holdings, making the stock its 5th largest position. Criteria Caixa S.A.U.’s holdings in Linde were worth $35,774,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter valued at $25,000. Triumph Capital Management raised its stake in 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. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde during the 3rd quarter valued at $29,000. Saranac Partners Ltd purchased a new stake in Linde during the 3rd quarter valued at $29,000. Finally, Strengthening Families & Communities LLC raised its stake in 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. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on LIN. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada upped their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Citigroup upped their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Trading Down 0.6%

NASDAQ:LIN opened at $518.17 on Wednesday. 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 firm has a market capitalization of $239.57 billion, a price-to-earnings ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $525.87. The business has a fifty 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 data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. The firm 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%.Linde’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio is currently 42.50%.

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.