Linde PLC $LIN is Mar Vista Investment Partners LLC’s 7th Largest Position

Mar Vista Investment Partners LLC increased its stake in shares of Linde PLC (NASDAQ:LIN) by 12.8% in the 4th quarter, Holdings Channel reports. The firm owned 113,533 shares of the basic materials company’s stock after purchasing an additional 12,867 shares during the period. Linde accounts for 4.4% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 7th largest holding. Mar Vista Investment Partners LLC’s holdings in Linde were worth $48,409,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter worth approximately $25,000. Triumph Capital Management lifted its position 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 acquiring an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Linde in the third quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde in the third quarter worth approximately $29,000. Finally, Strengthening Families & Communities LLC increased its position in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares in the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Down 0.6%

Shares of NASDAQ:LIN opened at $518.17 on Wednesday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.87. The stock has a market cap of $239.57 billion, a P/E ratio of 34.41, a PEG ratio of 3.27 and a beta of 0.72. The business has a fifty day moving average of $505.55 and a two-hundred day moving average of $473.53. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

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

Linde Dividend Announcement

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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s payout ratio is 42.50%.

Analyst Ratings Changes

LIN has been the subject of several recent research reports. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. JPMorgan Chase & Co. increased their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $541.91.

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.