Saturna Capital Corp Acquires 5,419 Shares of Linde PLC $LIN

Saturna Capital Corp boosted its holdings in Linde PLC (NASDAQ:LIN) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,721 shares of the basic materials company’s stock after acquiring an additional 5,419 shares during the quarter. Linde accounts for about 0.8% of Saturna Capital Corp’s investment portfolio, making the stock its 29th largest position. Saturna Capital Corp’s holdings in Linde were worth $60,428,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Mitchell Mcleod Pugh & Williams Inc. increased its stake in Linde by 40.2% in the 4th quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,993 shares of the basic materials company’s stock worth $1,790,000 after acquiring an additional 1,145 shares during the last quarter. Signet Private Wealth LLC bought a new position in Linde in the 4th quarter worth about $701,000. VeraBank N.A. increased its stake in Linde by 2.6% in the 4th quarter. VeraBank N.A. now owns 1,206 shares of the basic materials company’s stock worth $514,000 after acquiring an additional 31 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in Linde by 6.4% in the 4th quarter. Ameritas Investment Partners Inc. now owns 23,251 shares of the basic materials company’s stock worth $9,914,000 after acquiring an additional 1,398 shares during the last quarter. Finally, Wellspring Financial Advisors LLC increased its stake in Linde by 19.9% in the 4th quarter. Wellspring Financial Advisors LLC now owns 675 shares of the basic materials company’s stock worth $288,000 after acquiring an additional 112 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. UBS Group restated a “buy” rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $541.91.

Linde Price Performance

LIN opened at $509.16 on Thursday. The stock has a 50-day moving average price of $503.87 and a 200-day moving average price of $470.42. Linde PLC has a 12-month low of $387.78 and a 12-month high of $522.89. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $235.41 billion, a P/E ratio of 33.81, a PEG ratio of 3.24 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business earned $3.95 EPS. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

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