Cetera Investment Advisers Increases Holdings in Linde PLC $LIN

Cetera Investment Advisers increased its position in Linde PLC (NASDAQ:LIN) by 12.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,304 shares of the basic materials company’s stock after purchasing an additional 13,433 shares during the quarter. Cetera Investment Advisers’ holdings in Linde were worth $60,633,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors lifted its stake in Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares during the period. J. Safra Sarasin Holding AG increased its position in Linde by 3.0% during the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock valued at $35,493,000 after purchasing an additional 2,408 shares during the period. Boston Trust Walden Corp raised its holdings in shares of Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after purchasing an additional 8,863 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after purchasing an additional 807,370 shares in the last quarter. Finally, Trium Capital LLP lifted its position in shares of Linde by 85.3% in the 4th quarter. Trium Capital LLP now owns 5,132 shares of the basic materials company’s stock worth $2,188,000 after purchasing an additional 2,362 shares during the period. 82.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

LIN has been the topic of several research reports. UBS Group reissued a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Sanford C. Bernstein set a $559.00 price objective on Linde in a research note on Friday, July 17th. Finally, Evercore reaffirmed an “outperform” rating and set a $525.00 price objective on shares of Linde in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $548.67.

Linde Stock Up 1.2%

Shares of LIN stock opened at $512.28 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company has a market cap of $236.85 billion, a price-to-earnings ratio of 34.02, a price-to-earnings-growth ratio of 3.20 and a beta of 0.72. The stock’s fifty day moving average price is $516.05 and its 200 day moving average price is $493.94. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the company 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. On average, research analysts expect that Linde PLC will post 17.89 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

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.