Ameriflex Group Inc. lessened its stake in Linde PLC (NASDAQ:LIN – Free Report) by 96.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60 shares of the basic materials company’s stock after selling 1,656 shares during the quarter. Ameriflex Group Inc.’s holdings in Linde were worth $28,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of LIN. Darwin Wealth Management LLC bought a new stake in shares of Linde during the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC bought a new position in Linde in the third quarter valued at approximately $27,000. YANKCOM Partnership raised its position in Linde by 195.2% during 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 bought a new stake in Linde during the third quarter worth $30,000. Finally, Caitlin John LLC bought a new stake in Linde during the third quarter worth $32,000. Institutional investors own 82.80% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Mizuho set a $525.00 price target on Linde in a research note on Friday, February 6th. CICC Research started coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price objective for the company. Royal Bank Of Canada reduced their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. Citigroup lifted their target price on Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $508.20.
Linde Stock Up 0.8%
Shares of LIN opened at $481.55 on Thursday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The stock has a market capitalization of $223.15 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 3.14 and a beta of 0.82. 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 stock has a fifty day moving average of $465.06 and a 200-day moving average of $450.10.
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share 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 for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the previous year, the company posted $3.97 EPS. Linde’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, sell-side analysts anticipate 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. Stockholders of record on Wednesday, March 11th will be issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. Linde’s dividend payout ratio (DPR) is presently 41.12%.
Insider Buying and Selling at Linde
In related news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction 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 completion of the sale, the vice president directly owned 22,138 shares in the company, valued at $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by corporate insiders.
Linde Company 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.
Further Reading
- Five stocks we like better than Linde
- What a Former CIA Agent Knows About the Coming Collapse
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- The Next Commodity Crunch (bigger than oil?)
- Nvidia CEO Issues Bold Tesla Call
Want to see what other hedge funds are holding LIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Linde PLC (NASDAQ:LIN – Free Report).
Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.
