OMERS ADMINISTRATION Corp Reduces Position in Linde PLC $LIN

OMERS ADMINISTRATION Corp decreased its position in Linde PLC (NASDAQ:LIN) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 415,501 shares of the basic materials company’s stock after selling 1,200 shares during the period. Linde accounts for approximately 1.3% of OMERS ADMINISTRATION Corp’s investment portfolio, making the stock its 18th largest position. OMERS ADMINISTRATION Corp owned 0.09% of Linde worth $177,165,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. USS Investment Management Ltd lifted its holdings in shares of Linde by 1.2% in the 4th quarter. USS Investment Management Ltd now owns 95,601 shares of the basic materials company’s stock worth $40,766,000 after acquiring an additional 1,142 shares during the last quarter. Panagora Asset Management Inc. raised its holdings in shares of Linde by 220.8% in the 4th quarter. Panagora Asset Management Inc. now owns 34,615 shares of the basic materials company’s stock valued at $14,759,000 after purchasing an additional 23,824 shares in the last quarter. Public Employees Retirement Association of Colorado acquired a new stake in shares of Linde in the 4th quarter valued at $195,186,000. Maren Capital LLC raised its holdings in shares of Linde by 35.3% in the 4th quarter. Maren Capital LLC now owns 364,233 shares of the basic materials company’s stock valued at $155,305,000 after purchasing an additional 94,996 shares in the last quarter. Finally, Mariner LLC raised its holdings in shares of Linde by 1.5% in the 4th quarter. Mariner LLC now owns 393,231 shares of the basic materials company’s stock valued at $167,681,000 after purchasing an additional 5,786 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ:LIN opened at $521.48 on Tuesday. The firm has a 50 day simple moving average of $505.24 and a 200-day simple moving average of $472.76. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The firm has a market cap of $241.11 billion, a PE ratio of 34.63, a P/E/G ratio of 3.29 and a beta of 0.72. Linde PLC has a 1-year low of $387.78 and a 1-year high of $525.87.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the previous year, the firm earned $3.95 earnings per share. Linde’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 analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

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

Wall Street Analyst Weigh In

LIN has been the topic of several research analyst reports. Royal Bank Of Canada lifted their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating and issued a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. raised their price objective on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. 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 analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $541.91.

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.