Epoch Investment Partners Inc. increased its stake in Linde PLC (NASDAQ:LIN – Free Report) by 8.7% during the 4th quarter, HoldingsChannel reports. The firm owned 195,463 shares of the basic materials company’s stock after buying an additional 15,649 shares during the period. Epoch Investment Partners Inc.’s holdings in Linde were worth $83,343,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in LIN. Brighton Jones LLC purchased a new stake in Linde in the fourth quarter worth approximately $2,752,000. Revolve Wealth Partners LLC boosted its holdings in 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 during the last quarter. Sivia Capital Partners LLC boosted its holdings in Linde by 19.8% in 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 last quarter. Schnieders Capital Management LLC. boosted its holdings in Linde by 19.3% in the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC boosted its holdings in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Seaport Research Partners increased their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Finally, UBS Group reiterated a “buy” rating and issued a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. One investment 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 stock. According to data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and an average target price of $541.91.
Linde Stock Up 1.6%
LIN opened at $523.57 on Friday. 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 $525.82. The company has a market capitalization of $242.07 billion, a PE ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. The firm’s 50 day simple moving average is $504.86 and its two-hundred day simple moving average is $471.51.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings results 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 business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm earned $3.95 earnings per share. 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 Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. 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.
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