Linde PLC $LIN Stock Holdings Increased by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC lifted its holdings in Linde PLC (NASDAQ:LIN) by 12.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,533 shares of the basic materials company’s stock after acquiring an additional 12,867 shares during the quarter. Linde accounts for 4.4% of Mar Vista Investment Partners LLC’s holdings, making the stock its 7th biggest position. Mar Vista Investment Partners LLC’s holdings in Linde were worth $48,409,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Linde by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after purchasing an additional 354,800 shares during the last quarter. State Street Corp raised its stake in shares of Linde by 0.9% during the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after buying an additional 172,162 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Linde by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after buying an additional 35,945 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Linde by 8.6% in the 4th quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after buying an additional 797,866 shares during the period. Finally, Norges Bank acquired a new position in shares of Linde in the 4th quarter valued at about $3,246,750,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. upped their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 target price on shares of Linde in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada boosted their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given 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 an average target price of $541.91.

Linde Price Performance

NASDAQ:LIN opened at $518.17 on Wednesday. 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 PLC has a 52 week low of $387.78 and a 52 week high of $525.87. The stock’s 50-day moving average price is $505.55 and its 200-day moving average price is $473.53. The stock has a market capitalization of $239.57 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping 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 company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the business posted $3.95 earnings per share. Linde’s revenue for the quarter was up 8.2% on a year-over-year basis. 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 analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently announced 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. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

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.