Generali Investments Management Co LLC Takes $2.93 Million Position in Linde PLC $LIN

Generali Investments Management Co LLC purchased a new position in Linde PLC (NASDAQ:LIN) during the second quarter, HoldingsChannel reports. The firm purchased 5,648 shares of the basic materials company’s stock, valued at approximately $2,931,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Linde during the 4th quarter valued at about $3,246,750,000. Auto Owners Insurance Co grew its stake in Linde by 42,539.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock worth $56,361,000 after acquiring an additional 1,318,709 shares in the last quarter. Capital International Investors grew its stake in Linde by 20.1% in the 4th 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 in the last quarter. Deutsche Bank AG grew its stake in Linde by 40.2% in the 4th quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after acquiring an additional 1,130,001 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Linde by 26.0% during the fourth quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company’s stock worth $2,303,494,000 after acquiring an additional 1,114,751 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. The Goldman Sachs Group set a $580.00 price objective on Linde in a research note on Monday. Sanford C. Bernstein raised their price objective on Linde from $559.00 to $564.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. BMO Capital Markets decreased their target price on Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average target price of $545.38.

Linde Stock Up 0.5%

Shares of NASDAQ LIN opened at $492.46 on Tuesday. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $227.01 billion, a PE ratio of 31.81, a price-to-earnings-growth ratio of 3.09 and a beta of 0.72. The stock’s fifty day simple moving average is $513.09 and its two-hundred day simple moving average is $498.68. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, analysts expect that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s payout ratio 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.