DNB Asset Management AS Has $47.58 Million Stock Holdings in Linde PLC $LIN

DNB Asset Management AS lifted its position in shares of Linde PLC (NASDAQ:LIN) by 2.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,174 shares of the basic materials company’s stock after buying an additional 2,783 shares during the quarter. DNB Asset Management AS’s holdings in Linde were worth $47,583,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of LIN. Darwin Wealth Management LLC bought a new stake in Linde in the 2nd quarter valued at about $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde in the third quarter valued at approximately $27,000. YANKCOM Partnership grew its position in Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after buying an additional 41 shares in the last quarter. Guerra Advisors Inc bought a new position in Linde during the 3rd quarter worth $30,000. Finally, Albion Financial Group UT raised its holdings in Linde by 87.8% in the 3rd quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 36 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling at Linde

In related news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the sale, the vice president owned 22,138 shares in the company, valued at $10,636,202.10. The trade was a 29.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by company insiders.

Linde Stock Down 1.9%

LIN stock opened at $498.51 on Friday. The firm has a 50-day moving average price of $452.69 and a 200-day moving average price of $449.36. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $232.78 billion, a P/E ratio of 34.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.84.

Linde (NASDAQ:LIN) last released 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 net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the prior year, the company earned $3.97 EPS. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. 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, equities research analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Mizuho set a $525.00 target price on shares of Linde in a report on Friday, February 6th. Sanford C. Bernstein restated an “outperform” rating and issued a $516.00 target price on shares of Linde in a research report on Monday, November 3rd. Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, UBS Group lifted their price objective on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and an average price target of $508.20.

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.