Sivia Capital Partners LLC Purchases 1,554 Shares of Linde PLC $LIN

Sivia Capital Partners LLC increased its position in shares of Linde PLC (NASDAQ:LIN) by 88.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,310 shares of the basic materials company’s stock after acquiring an additional 1,554 shares during the period. Sivia Capital Partners LLC’s holdings in Linde were worth $1,412,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. S.E.E.D. Planning Group LLC grew its position in shares of Linde by 8.9% in the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares during the last quarter. Caprock Group LLC bought a new stake in shares of Linde in the 3rd quarter valued at about $4,243,000. Temasek Holdings Private Ltd grew its position in shares of Linde by 45.5% in the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares during the last quarter. Boston Trust Walden Corp grew its position in shares of Linde by 143.4% in the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after buying an additional 8,863 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Linde by 5.0% in the 3rd quarter. Fisher Asset Management LLC now owns 238,878 shares of the basic materials company’s stock valued at $113,467,000 after buying an additional 11,472 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on LIN shares. Seaport Research Partners upped their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Royal Bank Of Canada upped their price target on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Finally, Morgan Stanley restated an “overweight” rating and issued a $530.00 target price on shares of Linde in a report on Friday, February 6th. One investment 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’s stock. Based on data from MarketBeat, Linde presently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Stock Up 2.4%

Shares of NASDAQ:LIN opened at $507.57 on Thursday. The company has a market capitalization of $234.67 billion, a price-to-earnings ratio of 33.70, a P/E/G ratio of 3.11 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The business’s 50-day moving average is $502.19 and its 200-day moving average is $467.15. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28.

Linde (NASDAQ:LIN) last announced its quarterly earnings data 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 company had revenue of $8.78 billion for 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 firm’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $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 research analysts predict that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

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 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 of this dividend is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Insider Transactions at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction dated 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 transaction, the vice president directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Sean Durbin sold 6,520 shares of the business’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 completion of the transaction, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by insiders.

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.