Linde PLC $LIN Shares Sold by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. lessened its stake in Linde PLC (NASDAQ:LIN) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 272,505 shares of the basic materials company’s stock after selling 2,558 shares during the quarter. Linde comprises about 1.5% of Thornburg Investment Management Inc.’s holdings, making the stock its 19th largest holding. Thornburg Investment Management Inc. owned 0.06% of Linde worth $115,892,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the second quarter valued at approximately $25,000. Triumph Capital Management increased its stake in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in Linde during the third quarter worth $29,000. Saranac Partners Ltd acquired a new stake in Linde during the third quarter worth $29,000. Finally, Strengthening Families & Communities LLC increased its stake in Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $523.57 on Monday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.82. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $504.86 and a 200-day simple moving average of $471.96. The stock has a market capitalization of $242.07 billion, a PE ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72.

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. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the firm posted $3.95 earnings per share. The company’s 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. On average, equities analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

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 paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the subject of several recent analyst reports. Seaport Research Partners raised their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. raised their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Citigroup raised their target price on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Linde currently has a consensus rating of “Buy” and a consensus target price of $541.91.

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.