Fox Run Management L.L.C. Buys New Position in Linde PLC $LIN

Fox Run Management L.L.C. bought a new stake in Linde PLC (NASDAQ:LIN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,966 shares of the basic materials company’s stock, valued at approximately $1,409,000.

A number of other large investors also recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the second quarter worth $25,000. Marquette Asset Management LLC bought a new stake in Linde in the 3rd quarter valued at $27,000. YANKCOM Partnership grew its position in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 41 shares during the last quarter. Guerra Advisors Inc acquired a new stake in Linde in the 3rd quarter worth $30,000. Finally, Albion Financial Group UT increased its holdings in shares of Linde by 87.8% during the 3rd quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 36 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LIN shares. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research note on Tuesday, February 10th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Mizuho set a $525.00 price objective on Linde in a research report on Friday, February 6th. CICC Research initiated coverage on Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price for the company. Finally, Citigroup lifted their price target on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $508.20.

Insiders Place Their Bets

In other news, VP Guillermo Bichara sold 9,455 shares of the firm’s 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 completion of the sale, the vice president 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 filing with the SEC, which is accessible through this link. Corporate insiders own 0.70% of the company’s stock.

Linde Price Performance

Linde stock opened at $504.00 on Wednesday. The business has a 50 day simple moving average of $449.38 and a 200 day simple moving average of $448.60. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The company has a market capitalization of $235.34 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 3.27 and a beta of 0.84. Linde PLC has a one year low of $387.78 and a one year high of $504.49.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be given a $1.60 dividend. 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. The ex-dividend date is Wednesday, March 11th. Linde’s dividend payout ratio (DPR) is presently 41.12%.

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.