Linde PLC $LIN Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. trimmed its position in shares of Linde PLC (NASDAQ:LIN) by 93.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,820 shares of the basic materials company’s stock after selling 24,874 shares during the period. Dana Investment Advisors Inc.’s holdings in Linde were worth $864,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC purchased a new stake in Linde during the fourth quarter worth about $2,752,000. Revolve Wealth Partners LLC increased its stake in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares during the period. Sivia Capital Partners LLC boosted its position in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the period. Schnieders Capital Management LLC. boosted its position in Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares during the period. Finally, Jennison Associates LLC grew its stake in shares of Linde by 18.8% in the second quarter. Jennison Associates LLC now owns 204,960 shares of the basic materials company’s stock worth $96,163,000 after acquiring an additional 32,416 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LIN. Mizuho set a $525.00 price objective on Linde in a research note on Friday, February 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Morgan Stanley restated an “overweight” rating and set a $530.00 target price on shares of Linde in a research note on Friday, February 6th. Royal Bank Of Canada decreased their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, December 12th. Finally, Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average price target of $508.20.

Linde Stock Down 1.9%

Shares of NASDAQ LIN opened at $498.51 on Friday. The stock has a market cap of $232.78 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.84. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65. The business has a 50-day moving average price of $452.69 and a 200 day moving average price of $449.36. 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 (NASDAQ:LIN) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company 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 forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio 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.