BIP Wealth LLC Buys Shares of 3,403 Linde PLC $LIN

BIP Wealth LLC bought a new stake in shares of Linde PLC (NASDAQ:LIN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,403 shares of the basic materials company’s stock, valued at approximately $1,451,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter worth about $25,000. Marquette Asset Management LLC purchased a new position in shares of Linde during the third quarter worth about $27,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Linde during the third quarter worth about $29,000. YANKCOM Partnership grew its holdings in shares of Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 41 shares in the last quarter. Finally, Guerra Advisors Inc purchased a new position in shares of Linde during the third quarter worth about $30,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Trading Up 1.2%

LIN stock opened at $500.48 on Thursday. The company has a market capitalization of $231.92 billion, a PE ratio of 34.30, a price-to-earnings-growth ratio of 3.30 and a beta of 0.78. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The company’s 50 day moving average price is $486.06 and its two-hundred day moving average price is $452.40. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88.

Linde (NASDAQ:LIN) last posted 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 firm had revenue of $8.76 billion for 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 business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $3.97 earnings per share. 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, analysts predict 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 was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend was Wednesday, March 11th. Linde’s payout ratio is 43.87%.

Insider Activity at Linde

In other Linde news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the business’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 value of $3,111,800.40. Following the completion of the sale, the executive vice president 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. The SEC filing for this sale provides additional information. Insiders have sold 20,332 shares of company stock worth $9,749,257 over the last three months. Insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised Linde from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $455.00 to $525.00 in a report on Friday, March 13th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Royal Bank Of Canada cut their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a report on Tuesday, February 10th. Finally, Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average 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.