Investors boost holdings in Linde plc as company reports strong earnings and raises dividend.

Northwest & Ethical Investments L.P. increased its stake in Linde plc by 7.2%, adding to the trend of several institutional investors boosting their holdings in the company. Linde reported a strong quarter with earnings of $3.94 per share, beating expectations and announced a quarterly dividend of $1.39, yielding 1.22%. Analysts have upgraded their price targets, with a consensus target of $490.75. Despite some investors like Fiduciary Trust Co reducing their holdings, 82.80% of Linde's stock is still owned by institutional investors.

November 28, 2024
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