Linde PLC $LIN Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC trimmed its holdings in Linde PLC (NASDAQ:LIN) by 7.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 20,079 shares of the basic materials company’s stock after selling 1,527 shares during the period. Metis Global Partners LLC’s holdings in Linde were worth $8,561,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LIN. Brighton Jones LLC purchased a new stake in shares of Linde in the fourth quarter valued at about $2,752,000. Revolve Wealth Partners LLC raised its holdings in shares of Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after buying an additional 96 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of Linde by 19.3% in the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after buying an additional 175 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LIN. Citigroup upped their target price on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Finally, Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One equities research 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 data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $541.91.

Linde Trading Down 1.2%

NASDAQ LIN opened at $509.16 on Thursday. The stock has a market capitalization of $235.41 billion, a P/E ratio of 33.81, a P/E/G ratio of 3.24 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $522.89. The firm has a 50-day moving average price of $503.87 and a 200 day moving average price of $470.42. 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion during 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%. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is currently 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.