Flossbach Von Storch SE Purchases Shares of 845,040 Linde PLC $LIN

Flossbach Von Storch SE acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 845,040 shares of the basic materials company’s stock, valued at approximately $438,525,000. Linde comprises 2.0% of Flossbach Von Storch SE’s holdings, making the stock its 19th largest position. Flossbach Von Storch SE owned about 0.18% of Linde at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of LIN. Capital International Investors raised its stake in Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after buying an additional 1,275,477 shares during the period. Boston Trust Walden Corp boosted its stake in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after acquiring an additional 8,863 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Linde by 177.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock worth $538,558,000 after acquiring an additional 807,370 shares during the last quarter. National Pension Service raised its stake in Linde by 23.9% in the 4th quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock valued at $511,056,000 after acquiring an additional 231,048 shares during the period. Finally, Legal & General Group Plc lifted its holdings in Linde by 6.5% during the 4th quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company’s stock valued at $1,251,430,000 after purchasing an additional 179,359 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ:LIN opened at $481.13 on Thursday. The company has a market cap of $221.79 billion, a price-to-earnings ratio of 31.08, a PEG ratio of 3.01 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The stock has a fifty day moving average price of $509.48 and a 200-day moving average price of $500.19.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.Linde’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, equities analysts anticipate that Linde PLC will post 17.85 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is currently 41.34%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LIN. Citigroup dropped their price objective on shares of Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. raised their price objective 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. Royal Bank Of Canada decreased their target price on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein increased their target price on Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $545.38.

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.