Linde PLC $LIN Shares Purchased by Madison Asset Management LLC

Madison Asset Management LLC grew its stake in shares of Linde PLC (NASDAQ:LIN) by 7.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,425 shares of the basic materials company’s stock after buying an additional 3,653 shares during the quarter. Madison Asset Management LLC’s holdings in Linde were worth $24,999,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meadowbrook Advisors Group LLC lifted its position in Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares during the period. Blalock Williams LLC increased its position in shares of Linde by 4.5% during the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after purchasing an additional 22 shares during the period. Mutual Advisors LLC increased its position in shares of Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the period. Valmark Advisers Inc. raised its stake in shares of Linde by 0.5% in the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after buying an additional 22 shares in the last quarter. Finally, Binnacle Investments Inc raised its stake in shares of Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Linde Price Performance

NASDAQ LIN opened at $512.05 on Tuesday. The company has a 50 day simple moving average of $516.10 and a 200-day simple moving average of $492.13. 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 capitalization of $236.74 billion, a price-to-earnings ratio of 34.00, a price-to-earnings-growth ratio of 3.22 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20.

Linde (NASDAQ:LIN) last announced 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. The firm 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 firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Equities research analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued 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 was Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Linde in a research report on Friday. UBS Group reissued a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Citigroup began coverage on Linde in a report on Wednesday, June 24th. They issued an “overweight” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average 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.