Linde PLC $LIN Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its position in shares of Linde PLC (NASDAQ:LIN) by 23.9% during the second quarter, HoldingsChannel reports. The firm owned 9,893 shares of the basic materials company’s stock after buying an additional 1,907 shares during the period. GAMMA Investing LLC’s holdings in Linde were worth $5,134,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of Linde in the second quarter valued at $25,000. Legacy Wealth Managment LLC ID increased its stake in Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after buying an additional 28 shares during the period. Triumph Capital Management increased its stake in 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 period. Strengthening Families & Communities LLC lifted its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares in the last quarter. Finally, High Note Wealth LLC lifted its holdings in Linde by 108.6% in the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LIN has been the subject of several recent analyst reports. BMO Capital Markets restated an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Citigroup cut their price target on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research note on Monday. Royal Bank Of Canada cut their price target on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research note on Monday. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Sanford C. Bernstein raised their price objective on Linde from $559.00 to $564.00 and gave the company an “outperform” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $543.67.

Linde Trading Up 0.9%

LIN opened at $484.64 on Wednesday. The stock has a market capitalization of $223.41 billion, a PE ratio of 31.31, a P/E/G ratio of 3.04 and a beta of 0.72. The firm’s fifty day moving average price is $513.92 and its 200 day moving average price is $497.18. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, research analysts expect that Linde PLC will post 17.85 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio is 41.34%.

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.