Metis Global Partners LLC Cuts Stock Holdings in Linde PLC $LIN

Metis Global Partners LLC lowered its stake in shares of Linde PLC (NASDAQ:LIN) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,079 shares of the basic materials company’s stock after selling 1,527 shares during the quarter. Metis Global Partners LLC’s holdings in Linde were worth $8,561,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of Linde during the second quarter worth $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde during the third quarter worth $29,000. Saranac Partners Ltd acquired a new position in shares of Linde during the third quarter worth $29,000. Strengthening Families & Communities LLC grew its stake in shares of 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 purchasing an additional 39 shares in the last quarter. Finally, High Note Wealth LLC grew its stake in shares of Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

NASDAQ LIN opened at $509.16 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $522.89. The company has a market capitalization of $235.41 billion, a PE ratio of 33.81, a P/E/G ratio of 3.24 and a beta of 0.72. The company has a fifty day moving average of $503.87 and a two-hundred day moving average of $470.42.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm posted $3.95 earnings per share. Linde’s revenue for the quarter was up 8.2% on a year-over-year basis. 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 expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is currently 42.50%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. UBS Group reiterated a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Seaport Research Partners boosted their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus 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.