Genesis Financial Group LLC Invests $4.46 Million in Linde PLC $LIN

Genesis Financial Group LLC purchased a new position in shares of Linde PLC (NASDAQ:LIN) during the first quarter, Holdings Channel.com reports. The fund purchased 8,988 shares of the basic materials company’s stock, valued at approximately $4,456,000. Linde accounts for 2.8% of Genesis Financial Group LLC’s holdings, making the stock its 12th largest position.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Linde by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock worth $19,167,559,000 after buying an additional 354,800 shares during the last quarter. State Street Corp increased its position in Linde by 0.9% in the third quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock worth $9,176,828,000 after buying an additional 172,162 shares during the period. Geode Capital Management LLC lifted its stake in Linde by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after buying an additional 35,945 shares during the last quarter. Capital Research Global Investors lifted its stake in Linde by 8.6% in the fourth quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after buying an additional 797,866 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Linde by 7.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,784,371 shares of the basic materials company’s stock valued at $4,171,959,000 after acquiring an additional 695,771 shares during the period. Institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Sanford C. Bernstein set a $559.00 price target on shares of Linde in a research report on Friday, July 17th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Citigroup began coverage on shares of Linde in a research report on Wednesday, June 24th. They issued an “overweight” rating for the company. Finally, BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $548.67.

Linde Trading Down 0.0%

Shares of LIN stock opened at $511.17 on Thursday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The firm has a market capitalization of $236.34 billion, a PE ratio of 33.94, a price-to-earnings-growth ratio of 3.23 and a beta of 0.72. The stock has a fifty day moving average of $516.17 and a two-hundred day moving average of $495.91. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the company earned $3.95 earnings per share. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. 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, research analysts expect that Linde PLC will post 17.89 EPS for the current year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders 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 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 42.50%.

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.