Linde PLC $LIN Shares Sold by Davis R M Inc.

Davis R M Inc. lessened its holdings in Linde PLC (NASDAQ:LIN) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,943 shares of the basic materials company’s stock after selling 2,151 shares during the quarter. Linde makes up about 1.2% of Davis R M Inc.’s holdings, making the stock its 22nd largest position. Davis R M Inc.’s holdings in Linde were worth $69,323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter valued at about $25,000. Marquette Asset Management LLC acquired a new position in Linde in the third quarter valued at approximately $27,000. YANKCOM Partnership boosted its holdings in Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares in the last quarter. Guerra Advisors Inc purchased a new position in Linde in the third quarter valued at approximately $30,000. Finally, Caitlin John LLC acquired a new stake in Linde during the third quarter worth approximately $32,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Up 1.9%

Shares of Linde stock opened at $508.08 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The company has a market capitalization of $235.44 billion, a P/E ratio of 34.82, a PEG ratio of 3.34 and a beta of 0.84. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The company’s fifty day moving average is $454.42 and its two-hundred day moving average is $449.27.

Linde (NASDAQ:LIN) last announced its earnings results 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. 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 the consensus estimate of $8.64 billion. During the same quarter in the prior year, the firm earned $3.97 earnings per share. The business’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. Analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The business also recently announced 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 is an increase from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is 43.87%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LIN shares. UBS Group upped their target price on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a report on Friday, February 6th. Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective on shares of Linde in a report on Monday, November 3rd. Morgan Stanley reiterated an “overweight” rating and set a $530.00 target price on shares of Linde in a research report on Friday, February 6th. Finally, CICC Research began coverage on Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $508.20.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the transaction, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

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.