SevenBridge Financial Group LLC Purchases 2,072 Shares of Linde PLC $LIN

Key Points

• SevenBridge Financial Group increased its Linde stake by 25.3% in the first quarter, buying 2,072 additional shares to bring its total to 10,269 shares valued at about $5.08 million.
• Several analysts remain bullish on Linde, with recent price target increases from firms including RBC, Seaport, JPMorgan, and BMO; the stock currently carries a consensus Buy rating and an average target price of $543.27.
• Linde reported better-than-expected quarterly results, posting EPS of $4.33 on revenue of $8.78 billion, and it also raised guidance for FY 2026 while maintaining a quarterly dividend of $1.60 per share.

SevenBridge Financial Group LLC lifted its holdings in Linde PLC (NASDAQ:LIN - Free Report) by 25.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,269 shares of the basic materials company's stock after acquiring an additional 2,072 shares during the quarter. SevenBridge Financial Group LLC's holdings in Linde were worth $5,079,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital International Investors raised its holdings in shares of Linde by 20.1% during the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company's stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares during the period. S.E.E.D. Planning Group LLC increased its holdings in Linde by 8.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company's stock worth $11,658,000 after purchasing an additional 2,234 shares in the last quarter. Temasek Holdings Private Ltd increased its holdings in Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company's stock worth $112,198,000 after purchasing an additional 73,850 shares in the last quarter. Boston Trust Walden Corp raised its stake in shares of Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company's stock valued at $6,415,000 after purchasing an additional 8,863 shares during the period. Finally, J. Safra Sarasin Holding AG lifted its holdings in shares of Linde by 3.0% in the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company's stock valued at $35,493,000 after purchasing an additional 2,408 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LIN has been the subject of several recent research reports. Weiss Ratings raised Linde from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, May 13th. Royal Bank Of Canada upped their price target on Linde from $552.00 to $570.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 5th. Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the stock a "buy" rating in a research note on Friday, April 17th. JPMorgan Chase & Co. lifted their price objective on shares of Linde from $525.00 to $530.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $543.27.

Linde Price Performance

NASDAQ:LIN opened at $511.06 on Tuesday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $527.94. The company has a market cap of $236.29 billion, a P/E ratio of 33.93, a P/E/G ratio of 3.26 and a beta of 0.72. 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 stock's 50-day simple moving average is $508.19 and its 200 day simple moving average is $480.66.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business's revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, June 4th. Linde's payout ratio is presently 42.50%.

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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