Linde PLC $LIN Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in Linde PLC (NASDAQ:LIN) by 23.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,893 shares of the basic materials company’s stock after purchasing an additional 1,907 shares during the period. GAMMA Investing LLC’s holdings in Linde were worth $5,134,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde during the 2nd quarter valued at about $25,000. Legacy Wealth Managment LLC ID boosted its position in shares of Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 28 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings in Linde by 1,450.0% in the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Triumph Capital Management grew its holdings in Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 27 shares during the period. Finally, Strengthening Families & Communities LLC grew its holdings in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Up 0.9%

NASDAQ LIN opened at $484.64 on Wednesday. The firm has a market capitalization of $223.41 billion, a price-to-earnings ratio of 31.31, a PEG ratio of 3.04 and a beta of 0.72. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The company’s 50 day moving average price is $513.92 and its 200 day moving average price is $497.18.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same period in the previous year, the firm earned $4.09 earnings per share. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts predict that Linde PLC will post 17.85 EPS for the current year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $1.60 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is 41.34%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Citigroup cut their price target on shares of Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research note on Monday. Evercore reissued an “outperform” rating and set a $525.00 price objective on shares of Linde in a research note on Friday, July 10th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. UBS Group set a $612.00 target price on Linde in a research report on Monday. Finally, Royal Bank Of Canada reduced their target price on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a report on Monday. One research 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 company’s stock. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and an average price target of $543.67.

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.