Westerkirk Capital Inc. Has $1.94 Million Stock Holdings in Linde PLC $LIN

Westerkirk Capital Inc. reduced its position in Linde PLC (NASDAQ:LIN) by 35.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,538 shares of the basic materials company’s stock after selling 2,454 shares during the period. Westerkirk Capital Inc.’s holdings in Linde were worth $1,935,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital International Investors raised its stake in 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. S.E.E.D. Planning Group LLC raised its stake in Linde by 8.9% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares during the period. Caprock Group LLC bought a new stake in Linde in the third quarter valued at approximately $4,243,000. Temasek Holdings Private Ltd raised its stake in Linde by 45.5% in the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares during the period. Finally, Boston Trust Walden Corp raised its stake in Linde by 143.4% in the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after buying an additional 8,863 shares during the period. Institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on LIN. Citigroup upped their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. UBS Group restated a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Seaport Research Partners upped their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $541.91.

Linde Stock Down 1.2%

Shares of LIN opened at $501.92 on Tuesday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28. The firm has a market cap of $232.06 billion, a P/E ratio of 33.33, a price-to-earnings-growth ratio of 3.19 and a beta of 0.72. The firm’s 50-day simple moving average is $503.18 and its 200 day simple moving average is $468.99. 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 announced 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 net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter in the prior year, the business earned $3.95 EPS. Linde’s quarterly revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio 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.