Apollon Wealth Management LLC cut its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,107 shares of the basic materials company’s stock after selling 1,252 shares during the quarter. Apollon Wealth Management LLC’s holdings in Linde were worth $10,279,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of LIN. S.E.E.D. Planning Group LLC increased its position in Linde by 8.9% in the 4th quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares in the last quarter. Temasek Holdings Private Ltd increased its position in Linde by 45.5% in the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares in the last quarter. Caprock Group LLC bought a new stake in Linde in the 3rd quarter valued at about $4,243,000. National Pension Service increased its position in Linde by 2.6% in the 3rd quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after buying an additional 24,624 shares in the last quarter. Finally, Cerity Partners LLC increased its position in Linde by 12.3% in the 3rd quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock valued at $97,526,000 after buying an additional 22,489 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.
Linde Trading Down 0.0%
Linde stock opened at $503.15 on Friday. The stock has a market cap of $233.16 billion, a P/E ratio of 34.49, a PEG ratio of 3.31 and a beta of 0.78. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $510.65. The firm’s fifty day moving average price is $487.95 and its 200-day moving average price is $452.93. 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 Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were paid 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 an increase 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%.
Linde News Summary
Here are the key news stories impacting Linde this week:
- Positive Sentiment: UBS raised its price target to $579 and reiterated a Buy rating, implying ~15% upside versus the current share level; this is constructive for longer-term investor sentiment and may support buying interest. Linde Given New $579.00 Price Target at UBS Group
- Neutral Sentiment: Research notes on FY2027 earnings expectations were published (analyst estimates can guide modeling and market expectations but no single clear revision was highlighted in the release). Investors should watch if these notes change consensus versus company guidance. Research Analysts Set Expectations for Linde FY2027 Earnings
- Neutral Sentiment: Several sports outlets ran stories about South African cricketer George Linde joining an IPL team — unrelated to Linde PLC but likely generating noisy search/mention volume that can confuse retail flows. This has no fundamental impact on the industrial gases & engineering business. George Linde set to replace Wanindu Hasaranga at LSG
- Negative Sentiment: Short interest jumped ~27% in March to ~7.08M shares (≈1.5% of shares outstanding) with a days-to-cover near 2.5 — a meaningful increase in bearish positioning that can add downward pressure or increase volatility if shorts scale or cover quickly. No company-specific catalyst was cited for the rise, so this appears driven by positioning/hedging.
Analysts Set New Price Targets
LIN has been the subject of a number of recent research reports. Citigroup boosted their price objective on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and set a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Mizuho set a $525.00 target price on Linde in a report on Friday, February 6th. UBS Group upped their target price on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. raised Linde from a “neutral” rating to an “overweight” rating and upped their target price for the company from $455.00 to $525.00 in a report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $518.10.
Get Our Latest Stock Report on LIN
Insider Transactions at Linde
In other news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This trade represents a 44.44% 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 over the last ninety days. Insiders own 0.70% of the company’s stock.
About Linde
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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