Criteria Caixa S.A.U. Has $35.77 Million Holdings in Linde PLC $LIN

Criteria Caixa S.A.U. lowered its position in Linde PLC (NASDAQ:LIN) by 18.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 83,900 shares of the basic materials company’s stock after selling 18,790 shares during the quarter. Linde makes up about 8.1% of Criteria Caixa S.A.U.’s investment portfolio, making the stock its 5th largest position. Criteria Caixa S.A.U.’s holdings in Linde were worth $35,774,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Capital International Investors boosted its holdings in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after purchasing an additional 1,275,477 shares during the last quarter. S.E.E.D. Planning Group LLC boosted its holdings in shares of Linde by 8.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after purchasing an additional 2,234 shares during the last quarter. Temasek Holdings Private Ltd boosted its holdings in shares of Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after purchasing an additional 73,850 shares during the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after purchasing an additional 8,863 shares during the last quarter. Finally, J. Safra Sarasin Holding AG boosted its holdings in shares of Linde by 3.0% during the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock valued at $35,493,000 after purchasing an additional 2,408 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Down 0.6%

Shares of NASDAQ:LIN opened at $518.17 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.87. The company has a 50-day moving average price of $505.55 and a 200 day moving average price of $473.53. The company has a market cap of $239.57 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 3.27 and a beta of 0.72.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter last year, the firm earned $3.95 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities research analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given 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 is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

Analyst Upgrades and Downgrades

LIN has been the subject of several research reports. Citigroup increased their price objective on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. UBS Group reaffirmed a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report 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, the stock currently has a consensus rating of “Buy” and an average target price of $541.91.

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.