Oslo Pensjonsforsikring AS Purchases New Position in Linde PLC $LIN

Oslo Pensjonsforsikring AS purchased a new stake in shares of Linde PLC (NASDAQ:LIN) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,325 shares of the basic materials company’s stock, valued at approximately $657,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DJE Kapital AG purchased a new position in shares of Linde during the first quarter valued at approximately $157,834,000. Burling Wealth Partners LLC grew its holdings in Linde by 17.4% during the first quarter. Burling Wealth Partners LLC now owns 9,545 shares of the basic materials company’s stock worth $4,732,000 after buying an additional 1,413 shares in the last quarter. Andra AP fonden raised its position in Linde by 35.7% in the 1st quarter. Andra AP fonden now owns 60,125 shares of the basic materials company’s stock valued at $29,808,000 after buying an additional 15,815 shares during the last quarter. Wilkerson Advisory Group LLC raised its position in Linde by 947.6% in the 1st quarter. Wilkerson Advisory Group LLC now owns 440 shares of the basic materials company’s stock valued at $218,000 after buying an additional 398 shares during the last quarter. Finally, Cura Wealth Advisors LLC lifted its stake in Linde by 4.5% during the 1st quarter. Cura Wealth Advisors LLC now owns 621 shares of the basic materials company’s stock valued at $308,000 after acquiring an additional 27 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Citigroup initiated coverage on shares of Linde in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Sanford C. Bernstein set a $559.00 price target on shares of Linde in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, UBS Group reaffirmed a “buy” rating and issued a $600.00 price objective on shares of Linde in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $548.67.

Linde Stock Down 1.4%

Shares of NASDAQ:LIN opened at $505.03 on Wednesday. The company has a market capitalization of $233.50 billion, a PE ratio of 33.53, a price-to-earnings-growth ratio of 3.23 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. The business has a fifty day moving average price of $516.13 and a two-hundred day moving average price of $492.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20.

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 company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $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. Analysts forecast that Linde PLC will post 17.88 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a $1.60 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s 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.