Savvy Advisors Inc. Acquires 1,881 Shares of Linde PLC $LIN

Savvy Advisors Inc. boosted its holdings in shares of Linde PLC (NASDAQ:LINFree Report) by 50.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,581 shares of the basic materials company’s stock after purchasing an additional 1,881 shares during the period. Savvy Advisors Inc.’s holdings in Linde were worth $2,380,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of LIN. Cornell Pochily Investment Advisors Inc. bought a new position in shares of Linde in the fourth quarter valued at about $322,000. Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new stake in Linde during the 4th quarter worth about $1,965,000. Whalen Wealth Management Inc. grew its holdings in Linde by 187.9% during the 4th quarter. Whalen Wealth Management Inc. now owns 3,475 shares of the basic materials company’s stock worth $1,482,000 after acquiring an additional 2,268 shares during the last quarter. American National Bank & Trust increased its position in Linde by 1.5% in the 4th quarter. American National Bank & Trust now owns 36,194 shares of the basic materials company’s stock valued at $15,433,000 after acquiring an additional 525 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Linde by 279.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,373 shares of the basic materials company’s stock valued at $1,012,000 after acquiring an additional 1,747 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insiders Place Their Bets

In related news, VP Guillermo Bichara sold 4,357 shares of the business’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 owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sean Durbin sold 6,520 shares of the company’s 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 completion of the sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock valued at $9,749,257 in the last ninety days. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. UBS Group reiterated a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Morgan Stanley reaffirmed an “overweight” rating and set a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Finally, Royal Bank Of Canada decreased their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Linde has an average rating of “Buy” and a consensus price target of $515.20.

Get Our Latest Analysis on Linde

Linde Stock Performance

Linde stock opened at $502.60 on Monday. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. 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 $232.90 billion, a PE ratio of 34.45, a PEG ratio of 3.30 and a beta of 0.78. The company’s 50-day moving average is $483.36 and its two-hundred day moving average is $451.79.

Linde (NASDAQ:LINGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate 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 net margin of 20.30% and a return on equity of 19.52%. Linde’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $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. Equities analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th were issued a dividend of $1.60 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is presently 43.87%.

Linde Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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