Wealth Science Advisors LLC Raises Holdings in Linde PLC $LIN

Wealth Science Advisors LLC raised its stake in Linde PLC (NASDAQ:LIN) by 2,385.9% during the second quarter, Holdings Channel.com reports. The firm owned 2,287 shares of the basic materials company’s stock after purchasing an additional 2,195 shares during the quarter. Wealth Science Advisors LLC’s holdings in Linde were worth $1,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Linde during the fourth quarter worth about $3,246,750,000. Auto Owners Insurance Co raised its holdings in Linde by 42,539.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after acquiring an additional 1,318,709 shares in the last quarter. Capital International Investors lifted its stake in Linde by 20.1% in the fourth 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 during the last quarter. Deutsche Bank AG lifted its stake in Linde by 40.2% in the fourth 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 during the last quarter. Finally, Invesco Ltd. lifted its stake in Linde by 26.0% in 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 last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Royal Bank Of Canada decreased their price objective on shares of Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 target price on shares of Linde in a research note on Monday, May 4th. UBS Group set a $612.00 target price on Linde in a report on Monday, August 3rd. Finally, Seaport Research Partners lifted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $543.67.

Linde Stock Down 0.0%

Linde stock opened at $489.98 on Friday. The company has a market capitalization of $225.87 billion, a P/E ratio of 31.65, a PEG ratio of 3.09 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The stock has a 50-day simple moving average of $513.19 and a 200-day simple moving average of $497.85.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The firm 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 firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter 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. Equities research analysts expect that Linde PLC will post 17.84 earnings per share for the current year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) 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.