Rathbones Group PLC Has $290.34 Million Stock Holdings in Linde PLC $LIN

Rathbones Group PLC trimmed its position in Linde PLC (NASDAQ:LIN) by 3.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 585,655 shares of the basic materials company’s stock after selling 22,486 shares during the period. Linde makes up approximately 1.1% of Rathbones Group PLC’s portfolio, making the stock its 22nd biggest position. Rathbones Group PLC owned approximately 0.13% of Linde worth $290,344,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in Linde in the second quarter valued at approximately $25,000. Legacy Wealth Managment LLC ID raised its position in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares during the period. Manning & Napier Advisors LLC lifted its holdings in shares of Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 58 shares in the last quarter. Triumph Capital Management lifted its holdings in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. Finally, Strengthening Families & Communities LLC grew its position in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating on shares of Linde in a report on Friday, July 17th. UBS Group reiterated a “buy” rating and set a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Finally, Citigroup initiated coverage on Linde in a report on Wednesday, June 24th. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $548.67.

Linde News Summary

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q2 results exceeded estimates: Adjusted EPS rose 10% year over year to $4.50, narrowly beating the $4.49 consensus, while sales increased 9% to $9.29 billion versus expectations of $9.02 billion. Growth benefited from higher pricing, stronger volumes, favorable currency effects and acquisitions. LIN Q2 Earnings & Revenues Beat Estimates on Volume & Pricing Growth
• Positive Sentiment: Semiconductor expansion adds a long-term growth opportunity: Linde secured a long-term agreement to supply ultra-high-purity gases to a major semiconductor manufacturer and plans to invest approximately $1 billion to expand its Phoenix, Arizona, production complex. The deal should support recurring sales tied to U.S. chip manufacturing capacity. Linde to invest $1 billion in Arizona after winning semiconductor supply deal
• Neutral Sentiment: Electronics was a leading end-market: Management highlighted volume and pricing gains, with electronics demand providing notable support. The earnings call also offered additional detail on operating performance and capital investment plans. Linde plc Q2 2026 Earnings Call Transcript
• Negative Sentiment: Forward guidance fell short of consensus: Linde forecast third-quarter EPS of $4.45–$4.55, below the $4.59 analyst estimate, and full-year 2026 EPS of $17.70–$17.90, below the $17.93 consensus. Although the company raised the lower end of its annual forecast, the outlook implies limited near-term upside relative to expectations. Linde raises lower end of 2026 guidance after Q2 earnings beat

Linde Stock Performance

Shares of LIN stock opened at $478.38 on Monday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company has a 50-day simple moving average of $515.27 and a two-hundred day simple moving average of $496.61. The company has a market capitalization of $221.18 billion, a price-to-earnings ratio of 30.90, a PEG ratio of 3.03 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $9.02 billion. During the same quarter last year, the business posted $4.09 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Research analysts anticipate that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is 41.34%.

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.