Hsbc Holdings PLC Increases Stake in Linde PLC $LIN

Hsbc Holdings PLC lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 16.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 417,972 shares of the basic materials company’s stock after buying an additional 58,399 shares during the quarter. Hsbc Holdings PLC’s holdings in Linde were worth $178,662,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Linde in the second quarter worth $25,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde during the third quarter valued at about $29,000. Saranac Partners Ltd bought a new position in shares of Linde during the third quarter valued at about $29,000. Triumph Capital Management increased its holdings in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of Linde in the third quarter worth about $32,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $512.15 on Friday. The company has a market cap of $236.79 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 3.21 and a beta of 0.72. The company has a 50-day moving average price of $506.46 and a 200-day moving average price of $475.27. 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.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, equities analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a $1.60 dividend. The ex-dividend date was Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

Analysts Set New Price Targets

LIN has been the subject of a number of recent research reports. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. UBS Group restated a “buy” rating and set a $600.00 price target on shares of Linde in a research report on Tuesday, June 2nd. Seaport Research Partners lifted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. boosted their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $560.00 price objective 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 assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, 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.