Venture Visionary Partners LLC reduced its position in Linde PLC (NASDAQ:LIN – Free Report) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,010 shares of the basic materials company’s stock after selling 3,307 shares during the period. Venture Visionary Partners LLC’s holdings in Linde were worth $11,126,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter worth $25,000. Triumph Capital Management boosted its position in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde during the third quarter valued at $29,000. Saranac Partners Ltd bought a new stake in Linde in the 3rd quarter worth about $29,000. Finally, Strengthening Families & Communities LLC increased its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares in the last quarter. 82.80% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on LIN shares. BMO Capital Markets restated an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Citigroup lifted their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. 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 investment 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 stock. According to data from MarketBeat, Linde presently has an average rating of “Buy” and an average price target of $541.91.
Linde Price Performance
LIN stock opened at $523.57 on Monday. The company has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The business’s 50-day moving average is $504.86 and its two-hundred day moving average is $471.96. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.82.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business 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 company posted $3.95 EPS. The business’s quarterly 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. As a group, analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.
Linde Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is 42.50%.
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.
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