Wealth Science Advisors LLC Boosts Position in Linde PLC $LIN

Key Points

• Wealth Science Advisors increased its Linde position by 2,385.9% in the second quarter, bringing its holdings to 2,287 shares worth approximately $1.19 million. Institutional investors and hedge funds collectively own 82.8% of Linde.
• Linde reported quarterly revenue of $9.29 billion, up 9.3% year over year and above expectations, while adjusted earnings of $4.50 per share narrowly beat consensus estimates. The company issued 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 $543.67, above the reported $489.98 share price.

Wealth Science Advisors LLC increased its position in shares of Linde PLC (NASDAQ:LIN - Free Report) by 2,385.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,287 shares of the basic materials company's stock after acquiring an additional 2,195 shares during the quarter. Wealth Science Advisors LLC's holdings in Linde were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Linde during the fourth quarter worth about $3,246,750,000. Auto Owners Insurance Co grew its stake in shares of Linde by 42,539.0% in the 4th quarter. Auto Owners Insurance Co now owns 1,321,809 shares of the basic materials company's stock valued at $56,361,000 after buying an additional 1,318,709 shares during the period. Capital International Investors increased its holdings in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company's stock worth $3,245,255,000 after buying an additional 1,275,477 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Linde by 40.2% during the 4th quarter. Deutsche Bank AG now owns 3,941,719 shares of the basic materials company's stock worth $1,680,710,000 after buying an additional 1,130,001 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Linde by 26.0% during the 4th quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company's stock valued at $2,303,494,000 after buying an additional 1,114,751 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ LIN opened at $489.98 on Friday. The company has a market cap of $225.87 billion, a P/E ratio of 31.65, a P/E/G ratio of 3.09 and a beta of 0.72. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The stock has a 50-day moving average of $513.19 and a two-hundred day moving average of $497.85.

Linde (NASDAQ:LIN - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating analysts' consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The firm had revenue of $9.29 billion during the quarter, compared to analysts' expectations of $9.02 billion. During the same quarter in the previous year, the business 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, analysts anticipate that Linde PLC will post 17.84 EPS for the current year.

Linde Dividend Announcement

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

Wall Street Analysts Forecast Growth

LIN has been the topic of a number of recent analyst reports. Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the company a "buy" rating in a report on Friday, April 17th. Royal Bank Of Canada reduced their target price on Linde from $576.00 to $553.00 and set an "outperform" rating on the stock in a research report on Monday, August 3rd. Evercore reaffirmed an "outperform" rating and issued a $525.00 price target on shares of Linde in a research note on Friday, July 10th. Citigroup lowered their price target on Linde from $600.00 to $580.00 and set a "buy" rating for the company in a report on Monday, August 3rd. Finally, BMO Capital Markets reiterated an "outperform" rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Linde has a consensus rating of "Buy" and an average target price of $543.67.

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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