Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires 3,855 Shares of Linde PLC $LIN

Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its holdings in shares of Linde PLC (NASDAQ:LIN) by 24.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,498 shares of the basic materials company’s stock after acquiring an additional 3,855 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Linde were worth $9,666,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Meadowbrook Advisors Group LLC lifted its stake in Linde by 4.3% during the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares during the period. Blalock Williams LLC grew its stake in shares of Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after purchasing an additional 22 shares during the period. Mutual Advisors LLC grew its stake in shares of Linde by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the period. Binnacle Investments Inc raised its holdings in shares of Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA raised its holdings in shares of Linde by 3.3% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after buying an additional 23 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN stock opened at $546.64 on Friday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $547.22. The stock has a market capitalization of $252.74 billion, a PE ratio of 36.30, a PEG ratio of 3.35 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock’s fifty day moving average is $510.47 and its 200-day moving average is $483.39.

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

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. The ex-dividend date of this dividend was 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 currently 42.50%.

Analyst Ratings Changes

Several analysts recently commented on the company. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. UBS Group reissued a “buy” rating and set a $600.00 price objective on shares of Linde in a report on Tuesday, June 2nd. Royal Bank Of Canada boosted their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and a consensus price target of $543.27.

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.