Banque Pictet & Cie SA Has $28.57 Million Stock Holdings in Linde PLC $LIN

Banque Pictet & Cie SA decreased its holdings in shares of Linde PLC (NASDAQ:LIN) by 10.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 67,002 shares of the basic materials company’s stock after selling 7,571 shares during the period. Banque Pictet & Cie SA’s holdings in Linde were worth $28,569,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in LIN. Shepherd Financial Partners LLC grew its stake in shares of 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 increased its holdings in Linde by 4.9% in 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 during the last quarter. Binnacle Investments Inc lifted its stake in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the period. Trust Co. of Vermont lifted its stake in Linde by 0.3% in the third quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after buying an additional 23 shares during the period. Finally, Baldwin Wealth Partners LLC MA boosted its holdings in Linde by 3.3% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. DZ Bank lowered 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. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. raised shares of Linde from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $455.00 to $525.00 in a research note on Friday, March 13th. Citigroup boosted their price objective on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Mizuho set a $525.00 target price on shares of Linde in a research note on Friday, February 6th. 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $515.20.

Linde Stock Performance

LIN stock opened at $493.83 on Thursday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $510.65. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The firm has a market cap of $228.84 billion, a PE ratio of 33.85, a P/E/G ratio of 3.26 and a beta of 0.78. The business’s 50-day moving average price is $481.20 and its two-hundred day moving average price is $451.58.

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, topping the consensus estimate of $4.18 by $0.02. The company 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 for the quarter 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. As a group, research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is currently 43.87%.

Insider Buying and Selling

In other news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the transaction, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. This represents a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by company 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.