Boston Common Asset Management LLC Takes Position in Linde PLC $LIN

Boston Common Asset Management LLC acquired a new position in Linde PLC (NASDAQ:LIN) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,094 shares of the basic materials company’s stock, valued at approximately $3,517,000.

Several other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of Linde in the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC increased its position 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 acquiring an additional 96 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after acquiring an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC boosted its position in Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after purchasing an additional 175 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $513.22 on Monday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market capitalization of $237.29 billion, a P/E ratio of 34.08, a price-to-earnings-growth ratio of 3.22 and a beta of 0.72. The company has a 50-day simple moving average of $515.95 and a 200 day simple moving average of $491.54.

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 firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts forecast that Linde PLC will post 17.88 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on LIN shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a report on Friday. Citigroup started coverage on shares of Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Finally, UBS Group restated a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. One equities 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. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $548.67.

About Linde

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.