Linde PLC $LIN Holdings Increased by Saturna Capital Corp

Saturna Capital Corp lifted its stake in Linde PLC (NASDAQ:LIN) by 0.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 142,925 shares of the basic materials company’s stock after acquiring an additional 1,204 shares during the period. Linde accounts for approximately 1.0% of Saturna Capital Corp’s holdings, making the stock its 27th biggest position. Saturna Capital Corp’s holdings in Linde were worth $70,856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. ABN Amro Investment Solutions acquired a new position in shares of Linde during the first quarter valued at approximately $96,727,000. PNC Financial Services Group Inc. lifted its position in Linde by 5.6% in the first quarter. PNC Financial Services Group Inc. now owns 536,954 shares of the basic materials company’s stock worth $266,200,000 after purchasing an additional 28,315 shares during the period. Oslo Pensjonsforsikring AS bought a new position in Linde during the 1st quarter valued at $657,000. DJE Kapital AG bought a new position in Linde during the 1st quarter valued at $157,834,000. Finally, Burling Wealth Partners LLC increased its position in shares of Linde by 17.4% during the 1st quarter. Burling Wealth Partners LLC now owns 9,545 shares of the basic materials company’s stock valued at $4,732,000 after purchasing an additional 1,413 shares during the period. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Down 1.4%

LIN stock opened at $505.03 on Wednesday. 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 $233.50 billion, a P/E ratio of 33.53, a P/E/G ratio of 3.23 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The company’s 50 day simple moving average is $516.13 and its 200-day simple moving average is $492.69.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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 firm had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the business posted $3.95 EPS. The company’s 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 17.88 EPS for the current year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LIN shares. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Sanford C. Bernstein set a $559.00 target price on Linde in a research note on Friday. Evercore reaffirmed an “outperform” rating and set a $525.00 target price on shares of Linde in a report on Friday, July 10th. Seaport Research Partners lifted their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $548.67.

Linde Company 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.