Corient Private Wealth LLC Raises Stake in Linde PLC $LIN

Corient Private Wealth LLC raised its holdings in shares of Linde PLC (NASDAQ:LIN) by 129.9% during the fourth quarter, Holdings Channel reports. The fund owned 1,445,708 shares of the basic materials company’s stock after buying an additional 816,744 shares during the period. Corient Private Wealth LLC’s holdings in Linde were worth $616,435,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Linde during the 4th quarter valued at $3,246,750,000. SG Americas Securities LLC lifted its stake in Linde by 10,454.4% in the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after purchasing an additional 2,401,894 shares during the last quarter. Capital International Investors boosted its holdings in Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after acquiring an additional 1,275,477 shares during the period. Deutsche Bank AG boosted its stake in shares of Linde by 40.2% during the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock valued at $1,680,710,000 after purchasing an additional 1,130,001 shares during the period. Finally, Lazard Asset Management LLC purchased a new position in shares of Linde in the third quarter worth $453,274,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Down 0.7%

LIN stock opened at $512.15 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87. The business’s 50 day moving average price is $506.23 and its two-hundred day moving average price is $475.01. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market capitalization of $236.79 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.24 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating 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 company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter last year, the business posted $3.95 EPS. The firm’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. As a group, analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Analyst Ratings Changes

A number of equities research analysts recently commented on LIN shares. JPMorgan Chase & Co. upped their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Royal Bank Of Canada increased their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Citigroup lifted their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde has a consensus rating of “Buy” and a consensus price target of $541.91.

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.