Ancora Advisors LLC Invests $20.45 Million in Linde PLC $LIN

Key Points

• Ancora Advisors purchased 39,414 Linde shares worth approximately $20.45 million, while institutional investors collectively own 82.8% of the company.
• Linde exceeded quarterly expectations, reporting $4.50 in EPS and $9.29 billion in revenue, up 9.3% year over year. The company guided to fiscal 2026 EPS of $17.70–$17.90.
• Linde declared a quarterly dividend of $1.60 per share, or $6.40 annually, yielding about 1.3%. Analysts maintain a broadly positive view, with an average “Buy” rating and a $545.38 target price.

Ancora Advisors LLC bought a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 39,414 shares of the basic materials company's stock, valued at approximately $20,453,000.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC purchased a new stake in shares of Linde during the 4th quarter valued at $2,752,000. Revolve Wealth Partners LLC increased its holdings in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company's stock worth $325,000 after buying an additional 96 shares during the last quarter. Sivia Capital Partners LLC raised its position in Linde by 19.8% in 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 during the period. Schnieders Capital Management LLC. raised its position in Linde by 19.3% in 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 during the period. Finally, Gabelli Funds LLC boosted its stake in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company's stock valued at $2,639,000 after acquiring an additional 175 shares during the last quarter. Institutional investors own 82.80% of the company's stock.

Linde Trading Down 0.6%

Linde stock opened at $487.20 on Wednesday. The stock has a market cap of $224.59 billion, a P/E ratio of 31.47, a PEG ratio of 3.08 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's fifty day moving average price is $506.83 and its 200-day moving average price is $500.84. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter last year, the company earned $4.09 earnings per share. The firm's quarterly revenue was up 9.3% on a year-over-year basis. 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 forecast that Linde PLC will post 17.85 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued 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 payout ratio is currently 41.34%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on LIN shares. Sanford C. Bernstein raised their target price on Linde from $559.00 to $564.00 and gave the stock an "outperform" rating in a research report on Monday, August 3rd. The Goldman Sachs Group set a $580.00 price target on Linde in a research note on Monday, August 10th. Weiss Ratings raised shares of Linde from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, July 21st. Citigroup cut their target price on shares of Linde from $600.00 to $580.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Finally, Evercore reiterated an "outperform" rating and issued a $525.00 target price on shares of Linde in a research note on Friday, July 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 stock. Based on data from MarketBeat.com, Linde has an average 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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