Czech National Bank Grows Holdings in Linde PLC $LIN

Czech National Bank grew its stake in Linde PLC (NASDAQ:LIN) by 3.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,602 shares of the basic materials company’s stock after buying an additional 4,430 shares during the period. Czech National Bank’s holdings in Linde were worth $68,294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Darwin Wealth Management LLC bought a new stake in shares of Linde during the 2nd quarter worth $25,000. Legacy Wealth Managment LLC ID lifted its stake in Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares during the last quarter. Triumph Capital Management boosted its holdings in shares of Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. Strengthening Families & Communities LLC boosted its holdings in shares of Linde by 134.5% in the 4th 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 increased its position in shares of Linde by 108.6% during the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

LIN has been the topic of a number of research reports. Citigroup decreased their price objective on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a report on Monday. UBS Group set a $612.00 price target on shares of Linde in a research report on Monday. Royal Bank Of Canada decreased their price target on shares of Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research note on Monday. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. 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 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, Linde has a consensus rating of “Buy” and a consensus target price of $543.67.

Linde Trading Down 0.2%

Shares of LIN stock opened at $490.11 on Friday. The business has a 50-day moving average of $513.34 and a 200 day moving average of $497.90. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The stock has a market capitalization of $225.93 billion, a PE ratio of 31.66, a P/E/G ratio of 3.09 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. The firm had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, sell-side analysts anticipate that Linde PLC will post 17.84 earnings per share for the current year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given 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 yield of 1.3%. Linde’s dividend payout ratio is presently 41.34%.

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.