Steigerwald Gordon & Koch Inc. Acquires 1,635 Shares of Linde PLC $LIN

Steigerwald Gordon & Koch Inc. grew its holdings in Linde PLC (NASDAQ:LIN) by 4.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,734 shares of the basic materials company’s stock after purchasing an additional 1,635 shares during the period. Linde comprises approximately 1.8% of Steigerwald Gordon & Koch Inc.’s investment portfolio, making the stock its 21st biggest holding. Steigerwald Gordon & Koch Inc.’s holdings in Linde were worth $17,715,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Darwin Wealth Management LLC bought a new stake in Linde during the 2nd quarter worth about $25,000. Triumph Capital Management boosted its stake in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new position in shares of Linde in the 3rd quarter valued at about $29,000. Finally, Strengthening Families & Communities LLC increased its position in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analysts Set New Price Targets

LIN has been the topic of several analyst reports. Royal Bank Of Canada upped their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Citigroup began coverage on Linde in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Finally, UBS Group reissued a “buy” rating and issued a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. One equities research 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $543.27.

Linde Stock Performance

Shares of Linde stock opened at $546.64 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business has a fifty day simple moving average of $511.51 and a two-hundred day simple moving average of $483.83. Linde PLC has a 1 year low of $387.78 and a 1 year high of $547.22. The company has a market capitalization of $252.74 billion, a price-to-earnings ratio of 36.30, a P/E/G ratio of 3.43 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s dividend payout ratio is currently 42.50%.

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.