Regents Gate Capital LLP Reduces Position in Linde PLC $LIN

Regents Gate Capital LLP trimmed its holdings in Linde PLC (NASDAQ:LIN) by 34.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 22,455 shares of the basic materials company’s stock after selling 11,633 shares during the quarter. Linde makes up 2.4% of Regents Gate Capital LLP’s holdings, making the stock its 21st biggest holding. Regents Gate Capital LLP’s holdings in Linde were worth $11,132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LIN. Swiss National Bank boosted its position in Linde by 6.6% during the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock worth $679,370,000 after acquiring an additional 85,360 shares during the last quarter. Legacy Wealth Advisors LLC acquired a new stake in Linde in the 1st quarter valued at about $253,000. Mediolanum International Funds Ltd raised its holdings in Linde by 25.4% in the 1st quarter. Mediolanum International Funds Ltd now owns 38,337 shares of the basic materials company’s stock valued at $19,140,000 after acquiring an additional 7,758 shares during the last quarter. Spartan Wealth Advisory Services LLC purchased a new position in Linde in the 1st quarter worth approximately $6,562,000. Finally, Tandem Wealth Advisors LLC lifted its stake in Linde by 7.2% in the 1st quarter. Tandem Wealth Advisors LLC now owns 1,336 shares of the basic materials company’s stock worth $662,000 after purchasing an additional 90 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Sanford C. Bernstein set a $559.00 target price on Linde in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $548.67.

Linde Stock Performance

NASDAQ:LIN opened at $513.22 on Friday. The company’s 50-day moving average is $515.95 and its two-hundred day moving average is $491.09. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. 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 $237.29 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 3.22 and a beta of 0.72.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during 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 business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Analysts forecast that Linde PLC will post 17.88 EPS for the current year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a $1.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s payout ratio is currently 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.