J. Safra Sarasin Holding AG Has $37.74 Million Holdings in Linde PLC $LIN

J. Safra Sarasin Holding AG decreased its holdings in Linde PLC (NASDAQ:LIN) by 8.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 76,136 shares of the basic materials company’s stock after selling 7,126 shares during the period. J. Safra Sarasin Holding AG’s holdings in Linde were worth $37,739,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LIN. Norges Bank acquired a new position in Linde during the 4th quarter worth about $3,246,750,000. SG Americas Securities LLC grew its position in shares of Linde by 10,454.4% in the 4th quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after buying an additional 2,401,894 shares during the last quarter. Auto Owners Insurance Co increased its stake in shares of Linde by 42,539.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company’s stock valued at $56,361,000 after buying an additional 1,318,709 shares during the period. Capital International Investors increased its stake in shares of Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after buying an additional 1,275,477 shares during the period. Finally, Deutsche Bank AG raised its position in shares of Linde by 40.2% during the fourth quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company’s stock worth $1,680,710,000 after acquiring an additional 1,130,001 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Price Performance

Shares of NASDAQ:LIN opened at $529.79 on Monday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business’s 50-day moving average is $513.87 and its 200-day moving average is $488.19. The company has a market capitalization of $244.95 billion, a price-to-earnings ratio of 35.18, a P/E/G ratio of 3.33 and a beta of 0.72.

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

Linde Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on LIN. Seaport Research Partners lifted their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. UBS Group restated a “buy” rating and set a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. Royal Bank Of Canada boosted their price target on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. One 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 an average target price of $541.75.

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.