Sei Investments Co. Purchases 6,966 Shares of Linde PLC $LIN

Sei Investments Co. grew its position in Linde PLC (NASDAQ:LIN) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 440,666 shares of the basic materials company’s stock after buying an additional 6,966 shares during the quarter. Sei Investments Co.’s holdings in Linde were worth $209,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Douglass Winthrop Advisors LLC increased its stake in shares of Linde by 2,252.9% during the third quarter. Douglass Winthrop Advisors LLC now owns 136,447 shares of the basic materials company’s stock valued at $64,812,000 after buying an additional 130,648 shares during the period. RD Lewis Holdings Inc. grew its holdings in Linde by 5.9% during the 3rd quarter. RD Lewis Holdings Inc. now owns 3,423 shares of the basic materials company’s stock worth $1,626,000 after acquiring an additional 190 shares in the last quarter. SevenBridge Financial Group LLC increased its position in Linde by 37.2% during the 3rd quarter. SevenBridge Financial Group LLC now owns 9,082 shares of the basic materials company’s stock valued at $4,314,000 after purchasing an additional 2,461 shares during the period. Beese Fulmer Investment Management Inc. increased its position in Linde by 1.2% during the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 30,944 shares of the basic materials company’s stock valued at $14,699,000 after purchasing an additional 373 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Linde by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,895,026 shares of the basic materials company’s stock valued at $1,850,137,000 after purchasing an additional 176,650 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

LIN stock opened at $490.41 on Friday. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The firm has a market cap of $227.25 billion, a price-to-earnings ratio of 33.61, a PEG ratio of 3.16 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The firm has a 50-day simple moving average of $466.34 and a two-hundred day simple moving average of $450.38.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, equities analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be issued a $1.60 dividend. This is an increase from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 11th. Linde’s dividend payout ratio is presently 43.87%.

Insider Buying and Selling at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the sale, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 20,332 shares of company stock worth $9,749,257 over the last ninety days. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on LIN shares. Royal Bank Of Canada lowered their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. CICC Research initiated coverage on shares of Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective for the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 target price on shares of Linde in a report on Friday, February 6th. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $508.20.

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.