Signal Advisors Wealth LLC boosted its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 30.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,099 shares of the basic materials company’s stock after purchasing an additional 2,147 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Linde were worth $3,880,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of LIN. Caprock Group LLC bought a new stake in shares of Linde in the third quarter worth about $4,243,000. Temasek Holdings Private Ltd grew its position in shares of Linde by 45.5% in the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after purchasing an additional 73,850 shares during the period. National Pension Service grew its position in shares of Linde by 2.6% in the 3rd quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after purchasing an additional 24,624 shares during the period. S.E.E.D. Planning Group LLC increased its stake in Linde by 8.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock worth $11,658,000 after purchasing an additional 2,234 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in Linde by 12.3% during the 3rd quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock worth $97,526,000 after purchasing an additional 22,489 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have weighed in on LIN. UBS Group reaffirmed a “buy” rating on shares of Linde in a research note on Wednesday, March 11th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. CICC Research initiated coverage on shares of Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price objective on the stock. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research report on Tuesday, February 10th. Finally, Royal Bank Of Canada lowered their target price on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Two 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 company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $515.20.
Insider Activity
In related news, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 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 SEC filing for this sale provides additional information. Insiders have sold a total of 20,332 shares of company stock worth $9,749,257 over the last three months. Insiders own 0.70% of the company’s stock.
Linde Trading Up 2.6%
NASDAQ:LIN opened at $492.34 on Thursday. The company has a market cap of $228.15 billion, a P/E ratio of 33.75, a price-to-earnings-growth ratio of 3.15 and a beta of 0.82. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The business has a 50 day moving average price of $475.50 and a two-hundred day moving average price of $450.96. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52.
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, beating analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company 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. As a group, analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.
Linde Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders 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%. The ex-dividend date is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is presently 43.87%.
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.
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