Mariner LLC Has $167.68 Million Holdings in Linde PLC $LIN

Mariner LLC increased its holdings in shares of Linde PLC (NASDAQ:LIN) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 393,231 shares of the basic materials company’s stock after acquiring an additional 5,786 shares during the period. Mariner LLC owned about 0.08% of Linde worth $167,681,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC bought a new stake in shares of Linde during the second quarter worth $25,000. Triumph Capital Management raised its holdings in shares of Linde by 69.2% in the fourth 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 during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in Linde during the 3rd quarter worth about $29,000. Saranac Partners Ltd acquired a new position in Linde during the 3rd quarter worth about $29,000. Finally, Strengthening Families & Communities LLC grew its holdings in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of NASDAQ LIN opened at $523.57 on Monday. The company’s 50 day simple moving average is $504.86 and its 200 day simple moving average is $471.96. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.82. The firm has a market capitalization of $242.07 billion, a P/E ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

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

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is 42.50%.

Analyst Ratings Changes

LIN has been the subject of several research reports. Royal Bank Of Canada raised their price objective on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. UBS Group reissued a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted 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. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Linde presently has a consensus rating of “Buy” and an average price target of $541.91.

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.