SG Americas Securities LLC Purchases 2,401,894 Shares of Linde PLC $LIN

SG Americas Securities LLC boosted its holdings in shares of Linde PLC (NASDAQ:LIN) by 10,454.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,424,869 shares of the basic materials company’s stock after buying an additional 2,401,894 shares during the period. Linde comprises 1.3% of SG Americas Securities LLC’s portfolio, making the stock its 12th largest holding. SG Americas Securities LLC owned approximately 0.52% of Linde worth $1,033,940,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde during the 3rd quarter valued at about $27,000. YANKCOM Partnership boosted its position in shares of Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in Linde in the third quarter valued at about $29,000. Finally, Saranac Partners Ltd bought a new stake in Linde in the third quarter valued at about $29,000. Institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

LIN has been the subject of a number of analyst reports. UBS Group restated a “buy” rating on shares of Linde in a research note on Wednesday, March 11th. CICC Research assumed coverage on Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective on the stock. Citigroup increased their target price on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $515.20.

Linde Trading Down 2.1%

Shares of LIN stock opened at $478.05 on Tuesday. The company has a market capitalization of $221.52 billion, a P/E ratio of 32.77, a P/E/G ratio of 3.21 and a beta of 0.82. Linde PLC has a 12-month low of $387.78 and a 12-month high of $510.65. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $473.72 and a 200 day moving average price of $450.60.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm earned $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be given a dividend of $1.60 per share. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is currently 43.87%.

Insiders Place Their Bets

In other Linde news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the transaction, the vice president 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 document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction 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 in the company, valued at approximately $3,890,227.77. This 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 over the last ninety days. Insiders own 0.70% of the company’s stock.

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.