HB Wealth Management LLC Sells 1,714 Shares of Linde PLC $LIN

HB Wealth Management LLC lowered its stake in Linde PLC (NASDAQ:LIN) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,561 shares of the basic materials company’s stock after selling 1,714 shares during the period. HB Wealth Management LLC’s holdings in Linde were worth $7,488,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Rockingstone Advisors LLC boosted its holdings in shares of Linde by 12.8% during the 4th quarter. Rockingstone Advisors LLC now owns 7,168 shares of the basic materials company’s stock valued at $3,056,000 after buying an additional 814 shares in the last quarter. Boston Trust Walden Corp boosted its holdings in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after buying an additional 8,863 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of Linde by 50.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,307 shares of the basic materials company’s stock valued at $557,000 after buying an additional 441 shares in the last quarter. KLP Kapitalforvaltning AS boosted its holdings in shares of Linde by 4.1% during the 4th quarter. KLP Kapitalforvaltning AS now owns 178,134 shares of the basic materials company’s stock valued at $75,955,000 after buying an additional 7,060 shares in the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of Linde by 585.2% during the 4th quarter. M&T Bank Corp now owns 368,104 shares of the basic materials company’s stock valued at $156,956,000 after buying an additional 314,385 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insider Transactions at Linde

In related news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is currently owned by company insiders.

Linde Stock Performance

Shares of Linde stock opened at $508.06 on Friday. The stock has a market cap of $235.43 billion, a price-to-earnings ratio of 34.82, a PEG ratio of 3.12 and a beta of 0.78. The firm’s 50-day moving average is $494.58 and its 200 day moving average is $454.57. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74.

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 analysts’ consensus estimates of $4.18 by $0.02. The company 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%. Linde’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Sell-side analysts anticipate that Linde PLC will post 17.81 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date 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 presently 43.87%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Mizuho set a $525.00 target price on shares of Linde in a report on Friday, February 6th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Morgan Stanley restated an “overweight” rating and set a $530.00 target price on shares of Linde in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. upgraded shares of Linde from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $455.00 to $525.00 in a report on Friday, March 13th. One analyst has 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.com, Linde currently has an average rating of “Buy” and a consensus price target of $521.60.

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.