UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Holdings in Linde PLC $LIN

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Linde PLC (NASDAQ:LIN) by 27.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,207,374 shares of the basic materials company’s stock after acquiring an additional 912,025 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Linde were worth $1,793,982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LIN. Van Lanschot Kempen Investment Management N.V. raised its holdings in shares of Linde by 59.2% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 60,493 shares of the basic materials company’s stock worth $25,794,000 after buying an additional 22,504 shares during the last quarter. Korea Investment CORP raised its holdings in shares of Linde by 3.4% in the fourth quarter. Korea Investment CORP now owns 356,855 shares of the basic materials company’s stock worth $152,159,000 after buying an additional 11,896 shares during the last quarter. Banco Santander S.A. raised its holdings in shares of Linde by 10.2% in the fourth quarter. Banco Santander S.A. now owns 1,136 shares of the basic materials company’s stock worth $484,000 after buying an additional 105 shares during the last quarter. Cohen & Steers Inc. purchased a new position in shares of Linde in the fourth quarter worth $128,000. Finally, Sumitomo Life Insurance Co. raised its holdings in shares of Linde by 0.7% in the fourth quarter. Sumitomo Life Insurance Co. now owns 3,852 shares of the basic materials company’s stock worth $1,642,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. UBS Group reaffirmed a “buy” rating and issued a $600.00 price target on shares of Linde in a report on Tuesday, June 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. raised their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $541.91.

Linde Stock Up 1.6%

NASDAQ:LIN opened at $523.57 on Friday. The firm has a market capitalization of $242.07 billion, a P/E ratio of 34.77, a PEG ratio of 3.24 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. The company’s fifty day moving average price is $504.86 and its 200-day moving average price is $471.51. Linde PLC has a 1-year low of $387.78 and a 1-year high of $525.82.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, equities research analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

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 given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) 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.