457,764 Shares in Linde PLC $LIN Purchased by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado purchased a new position in Linde PLC (NASDAQ:LIN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 457,764 shares of the basic materials company’s stock, valued at approximately $195,186,000. Linde makes up about 0.7% of Public Employees Retirement Association of Colorado’s portfolio, making the stock its 27th biggest holding.

Other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in Linde during the second quarter valued at approximately $25,000. Triumph Capital Management raised its stake in Linde by 69.2% during the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new stake in Linde during the third quarter valued at approximately $29,000. Finally, Strengthening Families & Communities LLC raised its stake in Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Price Performance

Shares of Linde stock opened at $523.57 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The business’s 50 day simple moving average is $504.86 and its 200-day simple moving average is $471.96. The stock has a market capitalization of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.82.

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, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $3.95 EPS. 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 forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. UBS Group restated a “buy” rating and set a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $541.91.

Linde Company 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.