Generali Investments Management Co LLC Buys New Stake in Linde PLC $LIN

Generali Investments Management Co LLC purchased a new stake in Linde PLC (NASDAQ:LIN) during the second quarter, according to its most recent filing with the SEC. The fund purchased 5,648 shares of the basic materials company’s stock, valued at approximately $2,931,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LIN. Brighton Jones LLC bought a new stake in shares of Linde in the fourth quarter worth about $2,752,000. Revolve Wealth Partners LLC boosted its stake in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after buying an additional 96 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings 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 buying an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC grew its holdings 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 buying an additional 175 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ:LIN opened at $492.46 on Tuesday. The firm has a market capitalization of $227.01 billion, a PE ratio of 31.81, a PEG ratio of 3.09 and a beta of 0.72. The stock’s fifty day moving average is $513.09 and its 200 day moving average is $498.68. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. 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 (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same period in the previous year, the firm earned $4.09 earnings per share. Linde’s quarterly revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts anticipate that Linde PLC will post 17.84 earnings per share for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s payout ratio is currently 41.34%.

Wall Street Analyst Weigh In

LIN has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Evercore reissued an “outperform” rating and issued a $525.00 target price on shares of Linde in a report on Friday, July 10th. JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. UBS Group set a $612.00 price target on shares of Linde in a research note on Monday, August 3rd. Finally, BMO Capital Markets decreased their price target on shares of Linde from $560.00 to $546.00 and set an “outperform” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $545.38.

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.