2,486 Shares in Linde PLC $LIN Purchased by Shepherd Street Advisors LLC

Shepherd Street Advisors LLC bought a new position in Linde PLC (NASDAQ:LIN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,486 shares of the basic materials company’s stock, valued at approximately $1,060,000.

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Mizuho set a $525.00 price objective on Linde in a research report on Friday, February 6th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday. Finally, Citigroup boosted their price target on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Linde has a consensus rating of “Buy” and a consensus target price of $541.91.

Linde Price Performance

Shares of NASDAQ LIN opened at $495.91 on Wednesday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The firm has a market cap of $229.28 billion, a P/E ratio of 32.93, a PEG ratio of 3.12 and a beta of 0.72. The company has a 50 day moving average of $501.45 and a 200 day moving average of $466.12. 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 announced its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same period in the previous year, the business earned $3.95 EPS. The firm’s revenue for the quarter 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. As a group, research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal 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 issued 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 payout ratio is presently 42.50%.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the sale, the vice president directly owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 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 disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by insiders.

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.