Danske Bank A S Has $242.97 Million Stock Holdings in Linde PLC $LIN

Danske Bank A S increased its holdings in shares of Linde PLC (NASDAQ:LIN) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 569,838 shares of the basic materials company’s stock after acquiring an additional 20,739 shares during the quarter. Linde makes up approximately 0.6% of Danske Bank A S’s portfolio, making the stock its 28th largest position. Danske Bank A S’s holdings in Linde were worth $242,973,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde during the 2nd quarter worth about $25,000. Marquette Asset Management LLC acquired a new position in shares of Linde during the 3rd quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde during the 3rd quarter worth about $29,000. Saranac Partners Ltd acquired a new position in shares of Linde during the 3rd quarter worth about $29,000. Finally, Guerra Advisors Inc acquired a new position in shares of Linde during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the transaction, the vice president directly 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the 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 transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is currently owned by insiders.

Linde Trading Down 0.7%

Shares of LIN opened at $501.14 on Friday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $515.63. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a 50 day simple moving average of $496.93 and a 200-day simple moving average of $456.09. The stock has a market cap of $232.22 billion, a PE ratio of 34.35, a PEG ratio of 3.18 and a beta of 0.78.

Linde (NASDAQ:LIN) last issued its earnings results 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. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the prior year, the firm posted $3.97 EPS. Linde’s quarterly revenue was up 6.3% compared to the same quarter last year. 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, sell-side analysts predict that Linde PLC will post 17.8 EPS 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 issued 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 dividend yield of 1.3%. Linde’s dividend payout ratio is presently 43.87%.

Wall Street Analyst Weigh In

LIN has been the subject of several research analyst reports. Citigroup boosted their price objective on Linde from $545.00 to $580.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Seaport Research Partners upped their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Mizuho set a $525.00 price target on Linde in a report on Friday, February 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. Finally, UBS Group upped their price target on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target 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.