Noesis Capital Mangement Corp Boosts Stake in Linde PLC $LIN

Noesis Capital Mangement Corp lifted its stake in Linde PLC (NASDAQ:LIN) by 6.6% in the 4th quarter, HoldingsChannel reports. The firm owned 32,510 shares of the basic materials company’s stock after acquiring an additional 2,006 shares during the period. Linde makes up 2.0% of Noesis Capital Mangement Corp’s portfolio, making the stock its 21st largest holding. Noesis Capital Mangement Corp’s holdings in Linde were worth $13,862,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde in the 2nd quarter worth $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter worth $29,000. Saranac Partners Ltd bought a new position in Linde in the 3rd quarter worth $29,000. Strengthening Families & Communities LLC boosted its holdings in Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the period. Finally, Guerra Advisors Inc bought a new position in Linde in the 3rd quarter worth $30,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Stock Down 1.1%

LIN opened at $506.11 on Friday. The firm has a 50-day simple moving average of $497.02 and a two-hundred day simple moving average of $459.41. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28. The company has a market capitalization of $234.00 billion, a PE ratio of 33.61, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm earned $3.95 EPS. The business’s 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. Analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

Insider Activity

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock valued at $9,749,257 in the last three months. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. UBS Group upped their target price on shares of Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. DZ Bank downgraded shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a report on Tuesday, February 10th. Finally, Royal Bank Of Canada upped their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $540.00.

Linde 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.