Commerzbank Aktiengesellschaft FI Purchases Shares of 16,295 Linde PLC $LIN

Key Points

• Commerzbank Aktiengesellschaft FI acquired 16,295 Linde shares worth approximately $8.46 million in the second quarter. Institutional investors collectively own 82.8% of Linde’s outstanding stock.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $545.38; individual targets range from $525 to $612.
• Linde exceeded quarterly expectations with $4.50 earnings per share and $9.29 billion in revenue, while declaring a $1.60 quarterly dividend, equivalent to a 1.3% yield.

Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,295 shares of the basic materials company's stock, valued at approximately $8,456,000.

Several other large investors have also modified their holdings of the stock. Trust Co. of Vermont purchased a new stake in shares of Linde during the second quarter valued at $913,000. Hikari Power Ltd acquired a new position in shares of Linde in the 2nd quarter valued at $20,965,000. S&CO Inc. purchased a new position in Linde in the 2nd quarter worth about $13,564,000. First Community Trust NA purchased a new position in Linde in the 2nd quarter worth about $99,000. Finally, Ballast Inc. raised its holdings in Linde by 141.2% during the 2nd quarter. Ballast Inc. now owns 1,025 shares of the basic materials company's stock worth $532,000 after buying an additional 600 shares during the period. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. UBS Group set a $612.00 target price on shares of Linde in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Linde from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Evercore reaffirmed an "outperform" rating and issued a $525.00 price objective on shares of Linde in a research note on Friday, July 10th. Finally, Royal Bank Of Canada decreased their price objective on shares of Linde from $576.00 to $553.00 and set an "outperform" rating for the company in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $545.38.

Linde Price Performance

Shares of NASDAQ:LIN opened at $474.33 on Tuesday. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The business has a fifty day simple moving average of $510.78 and a 200 day simple moving average of $499.81. The firm has a market cap of $218.66 billion, a price-to-earnings ratio of 30.64, a P/E/G ratio of 3.04 and a beta of 0.72.

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 firm had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the previous year, the company posted $4.09 earnings per share. The business's quarterly 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. As a group, sell-side analysts predict that Linde PLC will post 17.85 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde's payout ratio is currently 41.34%.

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.

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