Capital Asset Advisory Services LLC Acquires 1,262 Shares of Linde PLC $LIN

Capital Asset Advisory Services LLC grew its holdings in shares of Linde PLC (NASDAQ:LIN) by 14.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,005 shares of the basic materials company’s stock after purchasing an additional 1,262 shares during the period. Capital Asset Advisory Services LLC’s holdings in Linde were worth $4,374,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Somerset Trust Co lifted its stake in Linde by 0.6% in the 4th quarter. Somerset Trust Co now owns 11,320 shares of the basic materials company’s stock valued at $4,827,000 after purchasing an additional 62 shares during the last quarter. Carderock Capital Management Inc. boosted its holdings in shares of Linde by 17.5% during the 4th quarter. Carderock Capital Management Inc. now owns 9,971 shares of the basic materials company’s stock valued at $4,252,000 after acquiring an additional 1,483 shares in the last quarter. SG Americas Securities LLC grew its position in Linde by 10,454.4% during the 4th quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after acquiring an additional 2,401,894 shares during the last quarter. S.E.E.D. Planning Group LLC grew its position 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 acquiring an additional 2,234 shares during the last quarter. Finally, Carr Financial Group Corp increased its holdings in Linde by 7.9% in the 4th quarter. Carr Financial Group Corp now owns 1,536 shares of the basic materials company’s stock worth $655,000 after purchasing an additional 112 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction dated Tuesday, March 10th. The stock was 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 directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 20,332 shares of company stock worth $9,749,257 in the last ninety days. Insiders own 0.70% of the company’s stock.

Linde Price Performance

Linde stock opened at $478.05 on Tuesday. The stock’s 50 day moving average is $473.72 and its 200 day moving average is $450.60. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The firm has a market cap of $221.52 billion, a P/E ratio of 32.77, a P/E/G ratio of 3.21 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion during 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 company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior 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, research analysts expect that Linde PLC will post 16.54 EPS 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 $1.60 dividend. The ex-dividend date is Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 43.87%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LIN. Morgan Stanley reissued an “overweight” rating and set a $530.00 price target on shares of Linde in a research note on Friday, February 6th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. DZ Bank downgraded shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research report on Tuesday, February 10th. Citigroup boosted their target price on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Mizuho set a $525.00 price target on shares of Linde in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price 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.