Dimensional Fund Advisors LP Has $1.36 Billion Position in Linde PLC $LIN

Dimensional Fund Advisors LP grew its stake in shares of Linde PLC (NASDAQ:LIN) by 2.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,740,541 shares of the basic materials company’s stock after purchasing an additional 64,078 shares during the period. Dimensional Fund Advisors LP owned about 0.59% of Linde worth $1,358,712,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter worth about $25,000. Triumph Capital Management grew its stake in Linde by 69.2% in the 4th 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. Strengthening Families & Communities LLC raised its stake in shares of Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. High Note Wealth LLC increased its position in shares of Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares during the period. Finally, Manning & Napier Advisors LLC increased its holdings in Linde by 1,450.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 58 shares during the period. 82.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LIN. Sanford C. Bernstein set a $559.00 target price on Linde in a research note on Friday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Linde in a report on Friday. Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a report on Friday, July 10th. Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Citigroup started coverage on shares of Linde in a research note on Wednesday, June 24th. They set an “overweight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $548.67.

Linde Price Performance

NASDAQ:LIN opened at $513.22 on Monday. 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 firm has a market cap of $237.29 billion, a P/E ratio of 34.08, a P/E/G ratio of 3.22 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The firm has a 50-day simple moving average of $515.95 and a two-hundred day simple moving average of $491.54.

Linde (NASDAQ:LIN) last issued its 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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm 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 firm posted $3.95 earnings per share. The business’s revenue 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. Analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Dividend Announcement

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