Ninepoint Partners LP Acquires New Stake in Linde PLC $LIN

Ninepoint Partners LP purchased a new stake in Linde PLC (NASDAQ:LIN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,311 shares of the basic materials company’s stock, valued at approximately $2,756,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in Linde in the 4th quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC raised its holdings in shares of Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC grew its position in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after purchasing an additional 175 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on LIN. Citigroup reduced their price objective on shares of Linde from $600.00 to $580.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. The Goldman Sachs Group set a $580.00 price target on Linde in a research note on Monday, August 10th. Royal Bank Of Canada dropped their price objective on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $545.38.

Linde Stock Performance

LIN opened at $481.29 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The business has a 50 day moving average of $508.80 and a 200-day moving average of $500.36. The stock has a market cap of $221.87 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 3.03 and a beta of 0.72.

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

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) 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.