Temasek Holdings Private Ltd Has $76.17 Million Holdings in Linde PLC $LIN

Temasek Holdings Private Ltd increased its holdings in Linde PLC (NASDAQ:LIN) by 2.8% in the second quarter, HoldingsChannel reports. The firm owned 162,356 shares of the basic materials company’s stock after purchasing an additional 4,496 shares during the period. Temasek Holdings Private Ltd’s holdings in Linde were worth $76,174,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Breakwater Capital Group boosted its stake in shares of Linde by 2.3% during the 2nd quarter. Breakwater Capital Group now owns 980 shares of the basic materials company’s stock worth $460,000 after acquiring an additional 22 shares in the last quarter. Canopy Partners LLC lifted its holdings in Linde by 2.9% in the 2nd quarter. Canopy Partners LLC now owns 788 shares of the basic materials company’s stock worth $370,000 after purchasing an additional 22 shares during the last quarter. Mitchell Sinkler & Starr PA boosted its position in Linde by 1.9% during the second quarter. Mitchell Sinkler & Starr PA now owns 1,192 shares of the basic materials company’s stock worth $559,000 after purchasing an additional 22 shares during the period. Clarendon Private LLC boosted its position in Linde by 1.0% during the second quarter. Clarendon Private LLC now owns 2,273 shares of the basic materials company’s stock worth $1,066,000 after purchasing an additional 22 shares during the period. Finally, Sound Financial Strategies Group LLC grew its holdings in Linde by 1.4% during the second quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after purchasing an additional 22 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on LIN shares. Citigroup dropped their target price on shares of Linde from $535.00 to $520.00 and set a “buy” rating on the stock in a research report on Monday, November 3rd. CICC Research started coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price on the stock. JPMorgan Chase & Co. cut their target price on shares of Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research note on Monday, November 3rd. Sanford C. Bernstein restated an “outperform” rating and set a $516.00 price target on shares of Linde in a research report on Monday, November 3rd. Finally, Seaport Res Ptn upgraded Linde from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde has a consensus rating of “Buy” and a consensus price target of $509.00.

Linde Price Performance

Shares of LIN stock opened at $399.57 on Monday. Linde PLC has a 1 year low of $398.93 and a 1 year high of $486.38. The company has a current ratio of 0.82, a quick ratio of 0.69 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $434.02 and its 200-day moving average is $457.93. The firm has a market capitalization of $186.58 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 3.07 and a beta of 0.85.

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

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $1.50 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $6.00 annualized dividend and a dividend yield of 1.5%. Linde’s payout ratio is currently 40.19%.

About Linde

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.