Deutsche Bank AG Raises Holdings in Linde PLC $LIN

by · The Markets Daily

Deutsche Bank AG increased its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 40.2% in the 4th quarter, HoldingsChannel reports. The fund owned 3,941,719 shares of the basic materials company’s stock after purchasing an additional 1,130,001 shares during the quarter. Linde makes up approximately 0.5% of Deutsche Bank AG’s holdings, making the stock its 23rd biggest holding. Deutsche Bank AG’s holdings in Linde were worth $1,680,710,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Pettyjohn Wood & White Inc. purchased a new position in shares of Linde during the fourth quarter worth $211,000. BLI Banque de Luxembourg Investments boosted its position in shares of Linde by 0.9% during the fourth quarter. BLI Banque de Luxembourg Investments now owns 22,700 shares of the basic materials company’s stock worth $9,725,000 after buying an additional 200 shares during the period. TIAA Trust National Association boosted its position in shares of Linde by 0.3% during the fourth quarter. TIAA Trust National Association now owns 37,166 shares of the basic materials company’s stock worth $15,847,000 after buying an additional 119 shares during the period. LPL Financial LLC boosted its position in shares of Linde by 5.2% during the fourth quarter. LPL Financial LLC now owns 354,281 shares of the basic materials company’s stock worth $151,062,000 after buying an additional 17,520 shares during the period. Finally, Manchester Capital Management LLC boosted its position in shares of Linde by 79.7% during the fourth quarter. Manchester Capital Management LLC now owns 1,127 shares of the basic materials company’s stock worth $481,000 after buying an additional 500 shares during the period. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research report on Tuesday, February 10th. Citigroup raised their price target on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $541.91.

Get Our Latest Research Report on Linde

Linde Trading Up 2.7%

NASDAQ:LIN opened at $515.59 on Wednesday. The firm has a market cap of $238.38 billion, a PE ratio of 34.24, a price-to-earnings-growth ratio of 3.15 and a beta of 0.72. The stock has a fifty day moving average price of $503.67 and a 200 day moving average price of $469.71. Linde PLC has a 12-month low of $387.78 and a 12-month high of $521.28. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN – Get Free Report) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) 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 analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the business posted $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. Sell-side analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $1.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. Linde’s dividend payout ratio (DPR) is 42.50%.

Linde Company 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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