Siemens Fonds Invest GmbH Decreases Stock Holdings in Linde PLC $LIN

Siemens Fonds Invest GmbH trimmed its stake in shares of Linde PLC (NASDAQ:LIN) by 15.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,728 shares of the basic materials company’s stock after selling 3,476 shares during the period. Siemens Fonds Invest GmbH’s holdings in Linde were worth $8,451,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd purchased a new position in shares of Linde during the third quarter valued at approximately $29,000. Triumph Capital Management raised its holdings in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the last quarter. Finally, Caitlin John LLC purchased a new position in shares of Linde during the third quarter valued at approximately $32,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research reports. JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Citigroup upped their target price on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, UBS Group reaffirmed a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average price target of $541.91.

Linde Stock Down 0.6%

Shares of LIN stock opened at $518.17 on Wednesday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.87. The stock has a market cap of $239.57 billion, a P/E ratio of 34.41, a P/E/G ratio of 3.27 and a beta of 0.72. 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 company has a 50 day simple moving average of $505.55 and a two-hundred day simple moving average of $473.53.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior 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. On average, research analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend 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.