45,455 Shares in Linde PLC $LIN Acquired by Moore Capital Management LP

Moore Capital Management LP bought a new position in Linde PLC (NASDAQ:LIN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 45,455 shares of the basic materials company’s stock, valued at approximately $19,382,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Linde during the second quarter worth approximately $25,000. Triumph Capital Management lifted its holdings in shares of Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after buying an additional 27 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde during the third quarter worth approximately $29,000. Saranac Partners Ltd acquired a new position in shares of Linde during the third quarter worth approximately $29,000. Finally, Strengthening Families & Communities LLC lifted its holdings in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LIN has been the subject of a number of research analyst reports. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada upped their price target on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Linde has an average rating of “Buy” and a consensus target price of $541.91.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $515.85 on Thursday. The business’s fifty day moving average price is $505.88 and its two-hundred day moving average price is $474.29. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $525.87. The stock has a market capitalization of $238.50 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 3.25 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share 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 firm had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business posted $3.95 earnings per share. The business’s 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, analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be 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 is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

About Linde

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.