Allworth Financial LP Acquires 1,776 Shares of Linde PLC $LIN

Allworth Financial LP lifted its stake in Linde PLC (NASDAQ:LIN) by 15.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,428 shares of the basic materials company’s stock after purchasing an additional 1,776 shares during the period. Allworth Financial LP’s holdings in Linde were worth $6,378,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Darwin Wealth Management LLC bought a new stake in Linde during the second quarter valued at about $25,000. Marquette Asset Management LLC bought a new position in shares of Linde in the third quarter worth about $27,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde in the third quarter worth about $29,000. YANKCOM Partnership lifted 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 buying an additional 41 shares in the last quarter. Finally, Guerra Advisors Inc purchased a new position in shares of Linde during the 3rd quarter valued at about $30,000. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

NASDAQ LIN opened at $488.15 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The stock’s fifty day moving average price is $473.03 and its 200 day moving average price is $450.87. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The company has a market cap of $226.20 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 3.22 and a beta of 0.82.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.97 EPS. 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 forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors 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 positive change from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Wednesday, March 11th. Linde’s dividend payout ratio is presently 43.87%.

Insider Transactions at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 trade represents a 16.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,332 shares of company stock valued at $9,749,257 in the last ninety days. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on LIN shares. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a report on Tuesday, February 10th. Citigroup lifted their price target on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 6th. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price target on shares of Linde in a research report on Friday, February 6th. CICC Research started coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price objective on the stock. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $515.20.

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.