Siemens Fonds Invest GmbH Sells 3,476 Shares of Linde PLC $LIN

Siemens Fonds Invest GmbH lowered its holdings in shares of Linde PLC (NASDAQ:LIN) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,728 shares of the basic materials company’s stock after selling 3,476 shares during the period. Siemens Fonds Invest GmbH’s holdings in Linde were worth $8,451,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of LIN. Darwin Wealth Management LLC bought a new stake in Linde during the second quarter worth about $25,000. Triumph Capital Management boosted its stake in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Linde during the third quarter worth about $29,000. Saranac Partners Ltd bought a new stake in Linde during the third quarter worth about $29,000. Finally, Strengthening Families & Communities LLC boosted its stake in Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.6%

Shares of NASDAQ LIN opened at $518.17 on Wednesday. The firm’s 50 day moving average price is $505.55 and its 200-day moving average price is $473.53. The company has a market cap of $239.57 billion, a PE ratio of 34.41, a P/E/G ratio of 3.27 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.87. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The firm 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 business’s revenue was up 8.2% on a year-over-year basis. During the same quarter 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, equities research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LIN shares. Royal Bank Of Canada upped their target price 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Citigroup upped their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $541.91.

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.