977 Shares in Linde PLC $LIN Purchased by Wilian Securities LLC

Wilian Securities LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 977 shares of the basic materials company’s stock, valued at approximately $417,000.

A number of other hedge funds have also modified their holdings of the company. Axxcess Wealth Management LLC grew its holdings in shares of Linde by 124.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 36,181 shares of the basic materials company’s stock worth $15,427,000 after buying an additional 20,079 shares in the last quarter. Cvfg LLC grew its holdings in shares of Linde by 8.2% during the fourth quarter. Cvfg LLC now owns 920 shares of the basic materials company’s stock worth $392,000 after buying an additional 70 shares in the last quarter. Pinnbrook Capital Management LP bought a new position in shares of Linde during the fourth quarter worth about $7,522,000. Global Retirement Partners LLC grew its holdings in shares of Linde by 155.1% during the fourth quarter. Global Retirement Partners LLC now owns 6,391 shares of the basic materials company’s stock worth $2,725,000 after buying an additional 3,886 shares in the last quarter. Finally, Great Diamond Partners LLC grew its holdings in shares of Linde by 2.4% during the fourth quarter. Great Diamond Partners LLC now owns 2,611 shares of the basic materials company’s stock worth $1,113,000 after buying an additional 60 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on LIN shares. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. DZ Bank cut 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. Finally, Royal Bank Of Canada raised their price target on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $540.00.

Linde Stock Up 1.6%

LIN stock opened at $514.51 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The business has a 50 day moving average price of $499.06 and a two-hundred day moving average price of $461.73. The company has a market cap of $237.88 billion, a price-to-earnings ratio of 34.16, a P/E/G ratio of 3.18 and a beta of 0.73. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28.

Linde (NASDAQ:LIN) 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. Analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

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

Linde Profile

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.