Boston Common Asset Management LLC Invests $3.52 Million in Linde PLC $LIN

Boston Common Asset Management LLC purchased a new stake in Linde PLC (NASDAQ:LIN) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,094 shares of the basic materials company’s stock, valued at approximately $3,517,000.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Linde in the fourth quarter valued at approximately $3,246,750,000. SG Americas Securities LLC increased its stake in shares of Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after purchasing an additional 2,401,894 shares during the period. Auto Owners Insurance Co increased its stake in shares of Linde by 42,539.0% during the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock worth $56,361,000 after purchasing an additional 1,318,709 shares during the period. Capital International Investors lifted its holdings in Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after purchasing an additional 1,275,477 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in Linde by 40.2% during the 4th quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after purchasing an additional 1,130,001 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

NASDAQ LIN opened at $513.22 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a 50 day moving average of $515.95 and a 200-day moving average of $491.54. The company has a market cap of $237.29 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 3.22 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (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 business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the company posted $3.95 earnings per share. The firm’s revenue for the quarter 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, equities research analysts expect that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LIN shares. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. Evercore reiterated an “outperform” rating and set a $525.00 price objective on shares of Linde in a research report on Friday, July 10th. JPMorgan Chase & Co. lifted their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a research report on Friday. Finally, Citigroup assumed coverage on shares of Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $548.67.

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.