200,000 Shares in Linde PLC $LIN Bought by Mariner Investment Group LLC

Mariner Investment Group LLC bought a new stake in Linde PLC (NASDAQ:LIN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the basic materials company’s stock, valued at approximately $85,278,000. Linde comprises 5.0% of Mariner Investment Group LLC’s portfolio, making the stock its 10th largest position.

Several other institutional investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at approximately $25,000. 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. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new stake in Linde in the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC boosted its position in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN opened at $512.15 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.87. The business has a 50-day moving average of $506.23 and a 200-day moving average of $475.01. The company has a market capitalization of $236.79 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 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 company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period in the prior year, the firm posted $3.95 EPS. The company’s quarterly revenue was up 8.2% on a year-over-year basis. 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 research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LIN. Citigroup upped their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Finally, Seaport Research Partners lifted their target price 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. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $541.91.

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.