Gryphon Financial Partners LLC Reduces Stake in Linde PLC $LIN

Gryphon Financial Partners LLC lessened its stake in shares of Linde PLC (NASDAQ:LIN) by 35.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,063 shares of the basic materials company’s stock after selling 1,123 shares during the period. Gryphon Financial Partners LLC’s holdings in Linde were worth $880,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in shares of Linde in the second quarter valued at about $25,000. Marquette Asset Management LLC acquired a new position in Linde in the 3rd quarter valued at about $27,000. YANKCOM Partnership boosted its holdings in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde in the 3rd quarter valued at approximately $29,000. Finally, Saranac Partners Ltd purchased a new stake in shares of Linde in the 3rd quarter valued at approximately $29,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $530.00 price target on shares of Linde in a research report on Friday, February 6th. Mizuho set a $525.00 price objective on Linde in a research report on Friday, February 6th. Citigroup lifted their target price on Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $455.00 to $525.00 in a report on Friday, March 13th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $515.20.

Linde Stock Down 0.3%

Shares of NASDAQ LIN opened at $488.15 on Friday. The firm has a market cap of $226.20 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 3.21 and a beta of 0.82. 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 business’s 50 day moving average is $473.03 and its two-hundred day moving average is $450.71.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $8.64 billion. During the same period last year, the business posted $3.97 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. 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 predict that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The company also recently announced 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. 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 43.87%.

Insider Transactions at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the sale, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 20,332 shares of company stock worth $9,749,257 over the last quarter. Insiders own 0.70% of the company’s stock.

About Linde

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.