Caprock Group LLC Sells 1,642 Shares of Linde PLC $LIN

Caprock Group LLC cut its holdings in shares of Linde PLC (NASDAQ:LIN) by 18.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,230 shares of the basic materials company’s stock after selling 1,642 shares during the period. Caprock Group LLC’s holdings in Linde were worth $3,083,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Linde in the fourth quarter valued at about $2,752,000. Revolve Wealth Partners LLC boosted its position in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares during the last quarter. Finally, Gabelli Funds LLC lifted its holdings in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after acquiring an additional 175 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Linde

In other news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction dated 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 in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 20,332 shares of company stock valued at $9,749,257. Insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on LIN. Seaport Research Partners upped their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. UBS Group upped their target price on shares of Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. Finally, Mizuho set a $525.00 price target on shares of Linde in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $521.60.

Linde Stock Up 2.7%

Shares of NASDAQ LIN opened at $508.06 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The firm has a 50-day moving average price of $494.58 and a 200 day moving average price of $454.57. The stock has a market capitalization of $235.43 billion, a price-to-earnings ratio of 34.82, a price-to-earnings-growth ratio of 3.12 and a beta of 0.78.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm 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%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $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. Equities research analysts anticipate that Linde PLC will post 17.81 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were issued 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 a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date was Wednesday, March 11th. Linde’s payout ratio is presently 43.87%.

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.