111 Capital lifted its position in Linde PLC (NASDAQ:LIN – Free Report) by 386.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,401 shares of the basic materials company’s stock after purchasing an additional 1,907 shares during the quarter. 111 Capital’s holdings in Linde were worth $1,140,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Sound Financial Strategies Group LLC boosted its position in shares of Linde by 1.4% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after acquiring an additional 22 shares in the last quarter. Shepherd Financial Partners LLC lifted its stake in Linde by 4.5% during the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 22 shares during the period. Embree Financial Group boosted its holdings in Linde by 4.9% during the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 22 shares in the last quarter. Binnacle Investments Inc boosted its holdings in Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares in the last quarter. Finally, Trust Co. of Vermont grew its stake in shares of Linde by 0.3% in the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after purchasing an additional 23 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. CICC Research initiated coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Finally, Mizuho set a $525.00 price target on shares of Linde in a report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $508.20.
Insider Buying and Selling at Linde
In related 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 value 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 $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.70% of the stock is currently owned by corporate insiders.
Linde Price Performance
Shares of LIN stock opened at $508.08 on Monday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The stock has a market capitalization of $235.44 billion, a PE ratio of 34.82, a PEG ratio of 3.34 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The stock’s fifty day moving average is $454.42 and its 200-day moving average is $449.27.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the previous year, the business posted $3.97 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. 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 expect that Linde PLC will post 16.54 EPS for the current fiscal year.
Linde Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend 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 is Wednesday, March 11th. Linde’s payout ratio is currently 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.
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