Linde PLC $LIN is Grandfield & Dodd LLC’s 10th Largest Position

Grandfield & Dodd LLC trimmed its holdings in shares of Linde PLC (NASDAQ:LIN) by 2.0% in the fourth quarter, Holdings Channel reports. The firm owned 107,299 shares of the basic materials company’s stock after selling 2,194 shares during the period. Linde makes up 2.6% of Grandfield & Dodd LLC’s portfolio, making the stock its 10th biggest position. Grandfield & Dodd LLC’s holdings in Linde were worth $45,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter worth $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Linde in the 3rd quarter worth $29,000. Saranac Partners Ltd acquired a new position in Linde in the 3rd quarter worth $29,000. Strengthening Families & Communities LLC lifted its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares in the last quarter. Finally, Guerra Advisors Inc acquired a new position in Linde in the 3rd quarter worth $30,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. JPMorgan Chase & Co. boosted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus price target of $540.00.

Linde Stock Performance

Shares of Linde stock opened at $497.69 on Friday. The firm has a market cap of $230.11 billion, a PE ratio of 33.05, a price-to-earnings-growth ratio of 3.12 and a beta of 0.73. The firm’s 50-day simple moving average is $501.29 and its 200-day simple moving average is $465.31. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28.

Linde (NASDAQ:LIN) last issued 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 business had revenue of $8.78 billion for 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 company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts forecast 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. Stockholders of record on Thursday, June 4th will be paid 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 42.50%.

Insider Transactions at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares in the company, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.30% of the company’s stock.

Linde Company 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.