Quantbot Technologies LP grew its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 1,434.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 28,138 shares of the basic materials company’s stock after acquiring an additional 26,304 shares during the quarter. Quantbot Technologies LP’s holdings in Linde were worth $13,366,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in Linde in the fourth quarter worth $2,752,000. Revolve Wealth Partners LLC increased its holdings in shares of Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC raised its position in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares in the last quarter. Finally, World Investment Advisors increased its stake in shares of Linde by 34.9% in the 2nd quarter. World Investment Advisors now owns 2,843 shares of the basic materials company’s stock valued at $1,334,000 after buying an additional 735 shares during the period. Institutional investors own 82.80% of the company’s stock.
Insider Buying and Selling
In other news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction that occurred 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 directly owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.70% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Research Report on LIN
Linde Stock Performance
LIN opened at $508.08 on Friday. The company has a market capitalization of $235.44 billion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 3.28 and a beta of 0.84. The business’s 50-day moving average price is $454.42 and its two-hundred day moving average price is $449.62. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74.
Linde (NASDAQ:LIN – Get Free Report) last posted 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. 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 the consensus estimate of $8.64 billion. During the same period last year, the company earned $3.97 earnings per share. Linde’s quarterly revenue was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.
Linde Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Wednesday, March 11th. Linde’s payout ratio is 41.12%.
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.
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