Linde PLC $LIN Position Raised by Profund Advisors LLC

Profund Advisors LLC increased its position in shares of Linde PLC (NASDAQ:LIN) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,508 shares of the basic materials company’s stock after purchasing an additional 1,995 shares during the period. Linde accounts for about 0.6% of Profund Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Profund Advisors LLC’s holdings in Linde were worth $18,551,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ProShare Advisors LLC raised its holdings in Linde by 23.8% during the fourth quarter. ProShare Advisors LLC now owns 1,174,791 shares of the basic materials company’s stock worth $500,919,000 after purchasing an additional 225,563 shares in the last quarter. Prossimo Advisors LLC raised its holdings in Linde by 17.6% during the fourth quarter. Prossimo Advisors LLC now owns 621 shares of the basic materials company’s stock worth $265,000 after purchasing an additional 93 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Linde by 23.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 41,082 shares of the basic materials company’s stock valued at $17,509,000 after buying an additional 7,855 shares in the last quarter. Stronghold Wealth Management L.L.C. bought a new position in shares of Linde in the fourth quarter valued at $260,000. Finally, Entrust Financial LLC bought a new position in shares of Linde in the fourth quarter valued at $72,000. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

NASDAQ LIN opened at $510.86 on Tuesday. The stock has a market capitalization of $236.20 billion, a P/E ratio of 33.92, a P/E/G ratio of 3.18 and a beta of 0.73. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The business’s fifty day moving average is $497.44 and its two-hundred day moving average is $459.99. 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 (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the previous year, the business earned $3.95 EPS. The company’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is 42.50%.

Insider Buying and Selling at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the sale, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on LIN shares. JPMorgan Chase & Co. upped their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Mizuho set a $525.00 price target on Linde in a report on Friday, February 6th. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a report on Tuesday, February 10th. Finally, UBS Group upped their price target on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $540.00.

Linde 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.