Czech National Bank Raises Holdings in Linde PLC $LIN

Czech National Bank lifted its position in shares of Linde PLC (NASDAQ:LIN) by 3.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 131,602 shares of the basic materials company’s stock after acquiring an additional 4,430 shares during the quarter. Czech National Bank’s holdings in Linde were worth $68,294,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter worth about $25,000. Legacy Wealth Managment LLC ID lifted its stake in shares of Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares in the last quarter. Triumph Capital Management lifted its stake in shares of Linde by 69.2% during the 4th 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 in the last quarter. Strengthening Families & Communities LLC boosted 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 during the period. Finally, High Note Wealth LLC boosted its holdings in Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

LIN has been the topic of a number of analyst reports. Evercore reissued an “outperform” rating and set a $525.00 target price on shares of Linde in a report on Friday, July 10th. Royal Bank Of Canada cut their price target on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday. Sanford C. Bernstein lifted their price target on Linde from $559.00 to $564.00 and gave the company an “outperform” rating in a research report on Monday. UBS Group set a $612.00 price objective on Linde in a report on Monday. Finally, Seaport Research Partners raised their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Linde currently has a consensus rating of “Buy” and an average price target of $543.67.

Linde Stock Down 0.2%

Shares of NASDAQ:LIN opened at $490.11 on Friday. The firm has a fifty day moving average price of $513.34 and a two-hundred day moving average price of $497.90. The company has a market cap of $225.93 billion, a price-to-earnings ratio of 31.66, a PEG ratio of 3.09 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. During the same quarter in the prior year, the firm posted $4.09 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Analysts anticipate that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Dividend Announcement

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

About Linde

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.