Barclays PLC Reduces Stock Position in Linde PLC $LIN

Barclays PLC decreased its holdings in Linde PLC (NASDAQ:LIN) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,090,993 shares of the basic materials company’s stock after selling 224,450 shares during the quarter. Barclays PLC’s holdings in Linde were worth $891,579,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Blalock Williams LLC boosted its holdings in shares of Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after buying an additional 22 shares during the last quarter. Mutual Advisors LLC boosted its holdings in shares of Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after buying an additional 22 shares during the last quarter. Binnacle Investments Inc boosted its holdings in shares of Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA boosted its holdings in shares of Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after buying an additional 23 shares during the last quarter. Finally, Mayport LLC boosted its holdings in shares of Linde by 4.8% in the fourth quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock worth $215,000 after buying an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

LIN has been the topic of a number of research reports. Citigroup raised their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Linde has an average rating of “Buy” and a consensus price target of $541.91.

Linde Price Performance

NASDAQ LIN opened at $523.57 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.82. The stock has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. The company’s 50 day moving average is $504.86 and its two-hundred day moving average is $471.51. 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 (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter last year, the business 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. As a group, research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 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.