Van Lanschot Kempen Investment Management N.V. Boosts Stake in Linde PLC $LIN

Van Lanschot Kempen Investment Management N.V. lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 59.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,493 shares of the basic materials company’s stock after purchasing an additional 22,504 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Linde were worth $25,794,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Binnacle Investments Inc raised its stake in shares of Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after buying an additional 22 shares during the last quarter. Blalock Williams LLC raised its stake in shares of Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after buying an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA raised its stake in shares of Linde by 3.3% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after buying an additional 23 shares during the last quarter. Finally, Mayport LLC raised its stake in shares of Linde by 4.8% during the fourth quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock worth $215,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Up 1.6%

Shares of NASDAQ:LIN opened at $523.57 on Friday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $525.82. 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 $242.07 billion, a PE ratio of 34.77, a PEG ratio of 3.24 and a beta of 0.72. The company has a 50 day moving average price of $504.86 and a two-hundred day moving average price of $471.51.

Linde (NASDAQ:LIN) last issued its earnings results 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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm earned $3.95 earnings per share. The business’s quarterly revenue was up 8.2% on a year-over-year basis. 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 17.86 earnings per share for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on LIN shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Citigroup boosted their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price 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.