Linde PLC $LIN Shares Bought by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS grew its stake in shares of Linde PLC (NASDAQ:LIN) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,916 shares of the basic materials company’s stock after purchasing an additional 4,575 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Linde were worth $19,578,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. Marquette Asset Management LLC acquired a new position in shares of Linde in the 3rd quarter valued at $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Finally, Guerra Advisors Inc acquired a new position in shares of Linde in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Buying and Selling at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president owned 22,138 shares in the company, valued at $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. Insiders have sold a total of 20,332 shares of company stock worth $9,749,257 over the last 90 days. Insiders own 0.70% of the company’s stock.

Linde Stock Performance

NASDAQ:LIN opened at $507.92 on Friday. The firm’s fifty day moving average price is $496.93 and its 200 day moving average price is $456.09. Linde PLC has a 1-year low of $387.78 and a 1-year high of $521.28. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The firm has a market cap of $235.37 billion, a price-to-earnings ratio of 34.81, a price-to-earnings-growth ratio of 3.16 and a beta of 0.78.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the firm posted $3.95 EPS. Linde’s quarterly revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, sell-side analysts expect that Linde PLC will post 17.8 EPS for the current year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 43.87%.

Trending Headlines about Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q1 results topped expectations — adjusted EPS $4.33 vs. $4.27 consensus and revenue $8.78B (up ~8% YoY); management cited pricing and project start?ups as growth drivers. Business Wire: Linde Reports First-Quarter 2026 Results
• Positive Sentiment: Company raised its dividend alongside the quarter, a shareholder?friendly move that supports income and signals confidence in cash flow. Zacks: Linde Q1 Earnings Beat, Dividend Raised
• Positive Sentiment: Profitability remains strong — net margin (~20.3%) and ROE (~19.5%) indicate healthy cash conversion and operational leverage that support valuations. MarketBeat: Linde Q1 Summary
• Neutral Sentiment: Q2 guidance given at $4.40–$4.50 is essentially in line with the Street (consensus ~4.45), so near?term guidance doesn’t materially surprise investors either way. Seeking Alpha: Q1 Results Presentation
• Neutral Sentiment: Management hosted an earnings call and published the slide deck/transcript — useful for assessing segment dynamics (industrial gases, projects) but no new strategic shifts announced. Seeking Alpha: Q1 Earnings Call Transcript
• Negative Sentiment: FY 2026 guidance set to $17.60–$17.90 has a midpoint slightly below the current consensus (~17.83), which could be viewed as a modest disappointment if investors expected an upward revision. Zacks: What Key Metrics Say

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LIN. Seaport Research Partners lifted their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada lifted their target price on shares of Linde from $512.00 to $552.00 and gave the company an “outperform” rating in a report on Friday, April 24th. JPMorgan Chase & Co. raised shares of Linde from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $455.00 to $525.00 in a report on Friday, March 13th. Citigroup lifted their target price on shares of Linde from $545.00 to $580.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, Weiss Ratings lowered shares of Linde from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $527.80.

About Linde

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.