Asio Capital LLC Buys 7,698 Shares of Linde PLC $LIN

Asio Capital LLC lifted its stake in Linde PLC (NASDAQ:LIN) by 1,280.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,299 shares of the basic materials company’s stock after purchasing an additional 7,698 shares during the period. Asio Capital LLC’s holdings in Linde were worth $3,539,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at approximately $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde in the 3rd quarter valued at $27,000. YANKCOM Partnership increased its position in shares of 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 buying an additional 41 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the 3rd quarter valued at $29,000. Finally, Saranac Partners Ltd bought a new stake in shares of Linde in the 3rd quarter valued at $29,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a research report on Tuesday, February 10th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. UBS Group reiterated a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $515.20.

Insider Buying and Selling

In related news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of Linde 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 sale, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is owned by insiders.

Linde Trading Down 1.0%

LIN opened at $494.59 on Wednesday. The stock has a market capitalization of $229.19 billion, a P/E ratio of 33.90, a P/E/G ratio of 3.30 and a beta of 0.78. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. The firm’s fifty day simple moving average is $485.08 and its 200 day simple moving average is $452.06. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the previous year, the firm posted $3.97 EPS. The firm’s revenue 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. As a group, 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. Investors of record on Wednesday, March 11th were given a $1.60 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. 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. Linde’s payout ratio is 43.87%.

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.