Mediolanum International Funds Ltd Buys 7,758 Shares of Linde PLC $LIN

Mediolanum International Funds Ltd lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 25.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,337 shares of the basic materials company’s stock after buying an additional 7,758 shares during the period. Mediolanum International Funds Ltd’s holdings in Linde were worth $19,140,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Capital International Investors increased its stake in Linde by 20.1% in the 4th 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 last quarter. S.E.E.D. Planning Group LLC boosted its stake in shares of Linde by 8.9% in the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock worth $11,658,000 after buying an additional 2,234 shares during the last quarter. J. Safra Sarasin Holding AG boosted its stake in shares of Linde by 3.0% in the 4th quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after buying an additional 2,408 shares during the last quarter. Boston Trust Walden Corp boosted its stake in shares of Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after buying an additional 8,863 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Linde by 177.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after acquiring an additional 807,370 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Linde stock opened at $513.22 on Monday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The firm has a 50 day moving average price of $515.95 and a 200-day moving average price of $491.54. The company has a market capitalization of $237.29 billion, a P/E ratio of 34.08, a P/E/G ratio of 3.22 and a beta of 0.72. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.95 EPS. 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 predict that Linde PLC will post 17.88 EPS for the current year.

Linde Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently commented on LIN. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Seaport Research Partners boosted their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. Finally, Evercore reiterated an “outperform” rating and set a $525.00 target price on shares of Linde in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $548.67.

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.