Andra AP fonden Increases Stock Position in Linde PLC $LIN

Andra AP fonden increased its position in Linde PLC (NASDAQ:LIN) by 35.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 60,125 shares of the basic materials company’s stock after buying an additional 15,815 shares during the period. Andra AP fonden’s holdings in Linde were worth $29,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter worth about $25,000. Legacy Wealth Managment LLC ID grew its holdings in shares of Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares during the period. Triumph Capital Management increased its position in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. Strengthening Families & Communities LLC increased its position in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares in the last quarter. Finally, High Note Wealth LLC raised its holdings in Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $512.05 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a 50 day simple moving average of $516.10 and a 200-day simple moving average of $492.13. The company has a market cap of $236.74 billion, a PE ratio of 34.00, a P/E/G ratio of 3.22 and a beta of 0.72. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LIN) last posted its 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 for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the firm earned $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, equities research analysts forecast that Linde PLC will post 17.88 EPS for the current year.

Linde Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on LIN shares. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a research report on Friday. 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 report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Finally, UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Linde presently has an average rating of “Buy” and a consensus price target of $548.67.

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.