First National Bank of Omaha Purchases 13,635 Shares of Linde PLC $LIN

First National Bank of Omaha raised its position in shares of Linde PLC (NASDAQ:LIN) by 173.2% in the fourth quarter, Holdings Channel reports. The firm owned 21,507 shares of the basic materials company’s stock after acquiring an additional 13,635 shares during the quarter. First National Bank of Omaha’s holdings in Linde were worth $9,194,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LIN. Brighton Jones LLC bought a new stake in Linde during the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC increased its stake in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC increased its stake in Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after purchasing an additional 175 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Performance

Shares of NASDAQ LIN opened at $523.57 on Friday. The firm’s 50-day moving average price is $504.86 and its 200-day moving average price is $471.51. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a market cap of $242.07 billion, a PE ratio of 34.77, a PEG ratio of 3.24 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $525.82.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.95 EPS. 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, analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Analysts Set New Price Targets

A number of research firms have weighed in on LIN. UBS Group restated a “buy” rating and set a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Seaport Research Partners raised their price objective on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Citigroup raised their price objective on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. One investment 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.com, the company currently has an average rating of “Buy” and an average price target of $541.91.

About Linde

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.