66,410 Shares in Linde PLC $LIN Acquired by Banque Transatlantique SA

Banque Transatlantique SA purchased a new stake in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 66,410 shares of the basic materials company’s stock, valued at approximately $31,466,000. Linde makes up approximately 0.8% of Banque Transatlantique SA’s investment portfolio, making the stock its 28th biggest position.

Several other institutional investors also recently modified their holdings of LIN. Vanguard Group Inc. increased its position in Linde by 0.7% during the second quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock valued at $20,943,654,000 after acquiring an additional 292,492 shares during the last quarter. Capital Research Global Investors boosted its position in shares of Linde by 0.9% in the third quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock worth $4,431,639,000 after purchasing an additional 83,236 shares during the period. Norges Bank bought a new position in shares of Linde in the second quarter worth approximately $3,098,772,000. Invesco Ltd. increased its stake in shares of Linde by 6.0% in the third quarter. Invesco Ltd. now owns 4,287,566 shares of the basic materials company’s stock worth $2,036,594,000 after purchasing an additional 242,733 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Linde by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 3,895,026 shares of the basic materials company’s stock valued at $1,850,137,000 after purchasing an additional 176,650 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Stock Performance

Shares of Linde stock opened at $493.92 on Friday. The company has a market capitalization of $228.88 billion, a PE ratio of 33.85, a P/E/G ratio of 3.22 and a beta of 0.82. The company has a 50-day simple moving average of $467.63 and a two-hundred day simple moving average of $450.49. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion for 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 company’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $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. Research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The firm also recently declared 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. 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 43.87%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIN. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $455.00 to $525.00 in a research report on Friday. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research note on Tuesday, February 10th. Finally, Royal Bank Of Canada cut their price target on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $515.20.

Insider Activity

In other Linde news, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the sale, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company’s stock.

Linde 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.