Linde PLC $LIN Position Increased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lifted its position in Linde PLC (NASDAQ:LIN) by 276.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,671 shares of the basic materials company’s stock after acquiring an additional 40,901 shares during the period. Assenagon Asset Management S.A.’s holdings in Linde were worth $27,599,000 as of its most recent SEC filing.

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

Linde Trading Down 0.5%

Linde stock opened at $519.89 on Friday. The business has a 50 day moving average price of $507.96 and a two-hundred day moving average price of $479.18. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a 12 month low of $387.78 and a 12 month high of $527.94. The stock has a market cap of $240.37 billion, a price-to-earnings ratio of 34.52, a price-to-earnings-growth ratio of 3.28 and a beta of 0.72.

Linde (NASDAQ:LIN) last announced 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 for 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 for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $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. As a group, equities analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s payout ratio is currently 42.50%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LIN. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. UBS Group restated a “buy” rating and issued a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. Citigroup started coverage on Linde in a research report on Wednesday. They set an “overweight” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One research 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. Based on data from MarketBeat, Linde currently has a consensus rating of “Buy” and a consensus price target of $543.27.

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.