Evelyn Partners Investment Management LLP Buys 4,016 Shares of Linde PLC $LIN

Evelyn Partners Investment Management LLP increased its stake in Linde PLC (NASDAQ:LIN) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 90,379 shares of the basic materials company’s stock after purchasing an additional 4,016 shares during the quarter. Linde makes up approximately 1.1% of Evelyn Partners Investment Management LLP’s investment portfolio, making the stock its 22nd biggest position. Evelyn Partners Investment Management LLP’s holdings in Linde were worth $38,537,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Linde by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after acquiring an additional 354,800 shares during the period. State Street Corp raised its holdings in Linde by 0.9% during the third quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after acquiring an additional 172,162 shares during the period. Geode Capital Management LLC raised its holdings in Linde by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after acquiring an additional 35,945 shares during the period. Capital Research Global Investors raised its holdings in Linde by 8.6% during the fourth quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after acquiring an additional 797,866 shares during the period. Finally, Norges Bank bought a new stake in Linde during the fourth quarter valued at about $3,246,750,000. 82.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. UBS Group reissued a “buy” rating and set a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $541.91.

Linde Trading Up 1.6%

Shares of Linde stock opened at $523.57 on Friday. The firm has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. The business has a 50-day moving average price of $504.86 and a 200-day moving average price of $471.51. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.82.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities research analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 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.