Linde PLC $LIN Shares Sold by Burney Co.

Burney Co. lowered its position in shares of Linde PLC (NASDAQ:LIN) by 48.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,109 shares of the basic materials company’s stock after selling 1,041 shares during the quarter. Burney Co.’s holdings in Linde were worth $473,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Altfest L J & Co. Inc. acquired a new stake in Linde during the fourth quarter worth approximately $1,343,000. Steigerwald Gordon & Koch Inc. boosted its position in Linde by 12.3% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 34,099 shares of the basic materials company’s stock worth $14,539,000 after acquiring an additional 3,747 shares during the last quarter. NBT Bank N A NY boosted its position in Linde by 5.3% during the fourth quarter. NBT Bank N A NY now owns 9,218 shares of the basic materials company’s stock worth $3,751,000 after acquiring an additional 464 shares during the last quarter. Factory Mutual Insurance Co. boosted its position in Linde by 10.3% during the fourth quarter. Factory Mutual Insurance Co. now owns 97,700 shares of the basic materials company’s stock worth $41,658,000 after acquiring an additional 9,100 shares during the last quarter. Finally, Howard Capital Management Inc. boosted its position in Linde by 15.7% during the fourth quarter. Howard Capital Management Inc. now owns 15,976 shares of the basic materials company’s stock worth $6,812,000 after acquiring an additional 2,171 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Down 1.8%

Shares of LIN opened at $499.63 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The firm has a market cap of $231.52 billion, a PE ratio of 34.24, a price-to-earnings-growth ratio of 3.34 and a beta of 0.78. The company’s fifty day moving average is $489.65 and its two-hundred day moving average is $453.01. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $510.65.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.02. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business 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. Analysts forecast 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. Investors of record on Wednesday, March 11th were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is presently 43.87%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. DZ Bank lowered 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 lifted their price target on shares of Linde from $545.00 to $580.00 and gave the company a “buy” rating in a report on Monday. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, UBS Group lifted their price target on shares of Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Linde currently has an average rating of “Buy” and a consensus price target of $521.60.

Insider Buying and Selling at Linde

In related news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction 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 owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their position. The transaction was disclosed in a legal 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 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 transaction, the executive vice president owned 8,151 shares in the company, 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 worth $9,749,257 in the last 90 days. Company insiders own 0.70% of the company’s stock.

Linde Company 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.