Kathmere Capital Management LLC Raises Stock Holdings in Linde PLC $LIN

Kathmere Capital Management LLC raised its stake in shares of Linde PLC (NASDAQ:LIN) by 249.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 4,915 shares of the basic materials company’s stock after purchasing an additional 3,510 shares during the quarter. Kathmere Capital Management LLC’s holdings in Linde were worth $2,437,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in LIN. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter valued at approximately $25,000. Triumph Capital Management lifted its position in 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 period. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the third quarter worth approximately $29,000. Saranac Partners Ltd purchased a new stake in Linde in the third quarter worth approximately $29,000. 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 worth $29,000 after purchasing an additional 39 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $546.64 on Monday. The firm has a 50 day moving average of $511.51 and a 200 day moving average of $484.30. 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 firm has a market capitalization of $252.74 billion, a price-to-earnings ratio of 36.30, a price-to-earnings-growth ratio of 3.43 and a beta of 0.72. Linde PLC has a 12-month low of $387.78 and a 12-month high of $547.22.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate 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 net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm earned $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 anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LIN shares. UBS Group reiterated a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. raised their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Citigroup initiated coverage on Linde in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada increased their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. One 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $543.27.

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.