Capital International Inc. CA Lowers Stock Position in Linde PLC $LIN

Capital International Inc. CA reduced its stake in shares of Linde PLC (NASDAQ:LIN) by 29.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 125,862 shares of the basic materials company’s stock after selling 53,686 shares during the period. Capital International Inc. CA’s holdings in Linde were worth $53,666,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in LIN. Norges Bank purchased a new position in shares of Linde during the 4th quarter valued at about $3,246,750,000. SG Americas Securities LLC lifted its position in shares of Linde by 10,454.4% during the 4th quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after buying an additional 2,401,894 shares in the last quarter. Capital International Investors lifted its position in shares of Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after buying an additional 1,275,477 shares in the last quarter. Lazard Asset Management LLC purchased a new position in shares of Linde during the 3rd quarter valued at about $453,274,000. Finally, Danske Bank A S purchased a new position in shares of Linde during the 3rd quarter valued at about $260,822,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Performance

NASDAQ:LIN opened at $507.90 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The stock’s 50 day simple moving average is $503.06 and its two-hundred day simple moving average is $468.02. The company has a market cap of $234.83 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 3.19 and a beta of 0.72.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the company posted $3.95 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities 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. Shareholders of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s payout ratio is presently 42.50%.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the sale, the vice president owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of Linde 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 in the company, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIN. Citigroup lifted their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a report on Tuesday, February 10th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Seaport Research Partners boosted their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $541.91.

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.