5,311 Shares in Linde PLC $LIN Purchased by Ninepoint Partners LP

Key Points

• Ninepoint Partners LP acquired 5,311 Linde shares worth approximately $2.76 million during the second quarter. Institutional investors collectively own 82.8% of Linde’s stock.
• Linde reported quarterly EPS of $4.50, narrowly exceeding estimates, while revenue rose 9.3% year over year to $9.29 billion. The company maintained fiscal 2026 EPS guidance of $17.70–$17.90.
• Linde declared a quarterly dividend of $1.60 per share, equivalent to a $6.40 annualized payout and a 1.3% yield. Analysts maintain a consensus “Buy” rating with an average price target of $545.38.

Ninepoint Partners LP acquired a new position in shares of Linde PLC (NASDAQ:LIN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,311 shares of the basic materials company's stock, valued at approximately $2,756,000.

A number of other hedge funds have also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC bought a new stake in shares of Linde during the second quarter valued at approximately $25,000. Legacy Wealth Managment LLC ID raised its position in Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company's stock worth $28,000 after purchasing an additional 28 shares during the last quarter. Triumph Capital Management lifted its holdings in Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company's stock worth $28,000 after buying an additional 27 shares in the last quarter. Strengthening Families & Communities LLC lifted its holdings in Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company's stock worth $29,000 after buying an additional 39 shares in the last quarter. Finally, High Note Wealth LLC boosted its position in Linde by 108.6% in the 4th 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 last quarter. Institutional investors own 82.80% of the company's stock.

Linde Stock Performance

Shares of LIN stock opened at $481.29 on Friday. The stock has a market cap of $221.87 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 3.03 and a beta of 0.72. The stock has a 50-day moving average of $508.80 and a 200-day moving average of $500.36. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.49 by $0.01. The firm had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business's revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. As a group, sell-side analysts expect that Linde PLC will post 17.85 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. The ex-dividend date is Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde's payout ratio is currently 41.34%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LIN. Weiss Ratings raised Linde from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, July 21st. The Goldman Sachs Group set a $580.00 price objective on Linde in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an "overweight" rating in a research report on Monday, May 4th. Finally, BMO Capital Markets dropped their price target on shares of Linde from $560.00 to $546.00 and set an "outperform" rating for the company in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $545.38.

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.

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