Graham Capital Management L.P. Increases Holdings in Linde PLC $LIN

Graham Capital Management L.P. lifted its position in Linde PLC (NASDAQ:LIN) by 58.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,207 shares of the basic materials company’s stock after purchasing an additional 3,774 shares during the period. Graham Capital Management L.P.’s holdings in Linde were worth $4,352,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

LIN has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Royal Bank Of Canada boosted their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Linde currently has an average rating of “Buy” and a consensus target price of $541.91.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $518.17 on Wednesday. The firm has a 50 day moving average of $505.55 and a 200 day moving average of $473.53. The company has a market capitalization of $239.57 billion, a price-to-earnings ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Linde PLC has a 52 week low of $387.78 and a 52 week high of $525.87.

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

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio is presently 42.50%.

Linde 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.