MASTERINVEST Kapitalanlage GmbH Acquires 2,915 Shares of Linde PLC $LIN

MASTERINVEST Kapitalanlage GmbH lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 14.8% during the third quarter, HoldingsChannel reports. The firm owned 22,558 shares of the basic materials company’s stock after acquiring an additional 2,915 shares during the quarter. Linde comprises 1.0% of MASTERINVEST Kapitalanlage GmbH’s holdings, making the stock its 19th largest holding. MASTERINVEST Kapitalanlage GmbH’s holdings in Linde were worth $10,715,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LIN. Darwin Wealth Management LLC bought a new stake in Linde during the 2nd quarter worth approximately $25,000. YANKCOM Partnership lifted its stake in Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after buying an additional 41 shares in the last quarter. Albion Financial Group UT boosted its holdings in shares of Linde by 87.8% in the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after buying an additional 36 shares during the period. eCIO Inc. bought a new stake in shares of Linde during the first quarter worth $45,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Linde during the second quarter worth $48,000. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on LIN. CICC Research initiated coverage on shares of Linde in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective on the stock. BMO Capital Markets set a $501.00 price target on Linde in a research note on Wednesday, December 17th. Royal Bank Of Canada reduced their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. UBS Group reiterated a “buy” rating on shares of Linde in a report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Linde has an average rating of “Buy” and an average price target of $501.00.

Linde Price Performance

NASDAQ:LIN opened at $444.08 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The stock’s 50-day simple moving average is $417.69 and its 200 day simple moving average is $450.41. The company has a market cap of $207.36 billion, a P/E ratio of 29.74, a P/E/G ratio of 3.10 and a beta of 0.85. Linde PLC has a 52-week low of $387.78 and a 52-week high of $486.38.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 EPS for the quarter, beating the consensus estimate of $4.18 by $0.03. The firm had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.62 billion. Linde had a return on equity of 19.38% and a net margin of 21.17%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.94 earnings per share. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. As a group, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd were paid a $1.50 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.4%. Linde’s dividend payout ratio (DPR) is currently 40.19%.

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.