Bank Pictet & Cie Europe AG Has $46.43 Million Stake in Linde PLC $LIN

Bank Pictet & Cie Europe AG increased its position in Linde PLC (NASDAQ:LIN) by 79.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,887 shares of the basic materials company’s stock after purchasing an additional 48,111 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Linde were worth $46,428,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp raised its stake in shares of Linde by 0.9% in the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after buying an additional 172,162 shares in the last quarter. Capital Research Global Investors boosted its position in shares of Linde by 0.9% during the 3rd quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock valued at $4,431,639,000 after acquiring an additional 83,236 shares in the last quarter. Invesco Ltd. boosted its position in shares of Linde by 6.0% during the 3rd quarter. Invesco Ltd. now owns 4,287,566 shares of the basic materials company’s stock valued at $2,036,594,000 after acquiring an additional 242,733 shares in the last quarter. Franklin Resources Inc. increased its stake in Linde by 4.8% in the third quarter. Franklin Resources Inc. now owns 3,895,026 shares of the basic materials company’s stock valued at $1,850,137,000 after acquiring an additional 176,650 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Linde by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 3,605,118 shares of the basic materials company’s stock valued at $1,690,961,000 after acquiring an additional 40,216 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Down 0.4%

LIN opened at $493.83 on Thursday. The firm has a market cap of $228.84 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 3.26 and a beta of 0.78. 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 firm’s 50-day simple moving average is $481.20 and its 200-day simple moving average is $451.58. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $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. Equities research analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Linde’s previous quarterly dividend of $1.50. The ex-dividend date was Wednesday, March 11th. Linde’s dividend payout ratio is presently 43.87%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on LIN. Royal Bank Of Canada cut 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. JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $455.00 to $525.00 in a research note on Friday, March 13th. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research report on Tuesday, February 10th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $515.20.

Insider Buying and Selling

In related news, EVP Sean Durbin sold 6,520 shares of the 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 $3,890,227.77. This represents a 44.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 20,332 shares of company stock valued at $9,749,257 in the last quarter. 0.70% of the stock is currently owned by corporate insiders.

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.