O Shaughnessy Asset Management LLC Decreases Stock Position in Linde PLC $LIN

by · The Markets Daily

O Shaughnessy Asset Management LLC cut its position in Linde PLC (NASDAQ:LIN – Free Report) by 14.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,099 shares of the basic materials company’s stock after selling 10,336 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Linde were worth $26,052,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Linde during the fourth quarter valued at about $3,246,750,000. SG Americas Securities LLC increased its stake in shares of Linde by 10,454.4% in the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after purchasing an additional 2,401,894 shares in the last quarter. Capital International Investors raised its position in shares of Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after purchasing an additional 1,275,477 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Linde in the third quarter valued at approximately $453,274,000. Finally, Capital Research Global Investors lifted its stake in shares of Linde by 8.6% during the 4th quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after buying an additional 797,866 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Citigroup increased their target price on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Seaport Research Partners lifted their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $541.91.

Check Out Our Latest Stock Report on LIN

Linde Price Performance

Shares of NASDAQ:LIN opened at $501.92 on Tuesday. The company’s fifty day moving average price is $503.18 and its 200-day moving average price is $468.99. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The firm has a market capitalization of $232.06 billion, a price-to-earnings ratio of 33.33, a PEG ratio of 3.19 and a beta of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $521.28.

Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Linde Profile

(Free Report)

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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