Linde PLC $LIN Shares Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. raised its holdings in shares of Linde PLC (NASDAQ:LIN) by 58.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,207 shares of the basic materials company’s stock after buying an additional 3,774 shares during the period. Graham Capital Management L.P.’s holdings in Linde were worth $4,352,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Triumph Capital Management increased its position in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 27 shares during the period. Finally, Caitlin John LLC acquired a new position in shares of Linde in the 3rd quarter valued at $32,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LIN has been the topic of several research reports. Citigroup upped their target price on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Seaport Research Partners upped their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Finally, Royal Bank Of Canada upped their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $541.91.

Linde Price Performance

Shares of LIN opened at $518.17 on Wednesday. The business’s 50-day moving average is $505.55 and its two-hundred day moving average is $473.53. The company has a market capitalization of $239.57 billion, a P/E ratio of 34.41, a P/E/G ratio of 3.27 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. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period 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. Research analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

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.