Ancora Advisors LLC Buys Shares of 39,414 Linde PLC $LIN

Key Points

• Ancora Advisors initiated a position in Linde by purchasing 39,414 shares valued at approximately $20.45 million. Institutional investors collectively own 82.8% of Linde’s stock.
• Linde reported quarterly revenue of $9.29 billion and adjusted earnings of $4.50 per share, narrowly exceeding analyst expectations; revenue rose 9.3% year over year. The company maintained fiscal 2026 EPS guidance of $17.70–$17.90.
• Linde declared a quarterly dividend of $1.60 per share, equivalent to $6.40 annually and a 1.3% yield. Analysts maintain a consensus “Buy” rating with an average price target of $545.38.

Ancora Advisors LLC purchased a new position in shares of Linde PLC (NASDAQ:LIN - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 39,414 shares of the basic materials company's stock, valued at approximately $20,453,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Atwood & Palmer Inc. raised its stake in Linde by 12.9% during the second quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company's stock worth $91,000 after buying an additional 20 shares during the last quarter. Meadowbrook Advisors Group LLC lifted its holdings in Linde by 4.3% in the first quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company's stock valued at $253,000 after buying an additional 21 shares during the period. Mutual Advisors LLC boosted its position in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company's stock valued at $470,000 after acquiring an additional 22 shares during the last quarter. Valmark Advisers Inc. boosted its position in Linde by 0.5% during the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company's stock valued at $2,062,000 after acquiring an additional 22 shares during the last quarter. Finally, Binnacle Investments Inc grew its holdings in Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company's stock worth $111,000 after acquiring an additional 22 shares during the period. Institutional investors and hedge funds own 82.80% of the company's stock.

Linde Price Performance

LIN stock opened at $489.58 on Tuesday. The stock has a market capitalization of $225.69 billion, a PE ratio of 31.63, a price-to-earnings-growth ratio of 3.08 and a beta of 0.72. The company's 50-day moving average is $504.79 and its 200-day moving average is $501.75. 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 1 year low of $387.78 and a 1 year high of $548.20.

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

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd 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 1.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Linde's dividend payout ratio is presently 41.34%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Weiss Ratings raised Linde from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, July 21st. Citigroup decreased their target price on Linde from $600.00 to $580.00 and set a "buy" rating for the company in a research note on Monday, August 3rd. BMO Capital Markets lowered their target price on Linde from $560.00 to $546.00 and set an "outperform" rating for the company in a report on Monday, August 10th. UBS Group set a $612.00 price target on Linde in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $575.00 price objective on shares of Linde in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Linde currently has a consensus rating of "Buy" and a consensus price target 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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