Investment House LLC Sells 11,981 Shares of Linde PLC $LIN

Investment House LLC lessened its position in shares of Linde PLC (NASDAQ:LIN) by 95.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 566 shares of the basic materials company’s stock after selling 11,981 shares during the period. Investment House LLC’s holdings in Linde were worth $241,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Hardy Reed LLC grew its holdings in shares of Linde by 2.7% in the 4th quarter. Hardy Reed LLC now owns 3,748 shares of the basic materials company’s stock valued at $1,598,000 after acquiring an additional 100 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Linde in the 4th quarter valued at about $6,670,000. Tredje AP fonden grew its holdings in shares of Linde by 5.0% in the 4th quarter. Tredje AP fonden now owns 68,862 shares of the basic materials company’s stock valued at $29,362,000 after acquiring an additional 3,262 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Linde by 9.1% in the 4th quarter. Handelsbanken Fonder AB now owns 234,593 shares of the basic materials company’s stock valued at $100,028,000 after acquiring an additional 19,632 shares in the last quarter. Finally, AMF Tjanstepension AB grew its holdings in shares of Linde by 0.7% in the 4th quarter. AMF Tjanstepension AB now owns 896,131 shares of the basic materials company’s stock valued at $382,101,000 after acquiring an additional 6,202 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Trading Up 0.1%

Shares of NASDAQ:LIN opened at $506.63 on Thursday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $521.28. The company has a market capitalization of $234.24 billion, a P/E ratio of 33.64, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73. The company has a 50-day simple moving average of $498.33 and a 200 day simple moving average of $461.05. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same period last year, the business posted $3.95 EPS. Linde’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LIN. UBS Group raised their price objective on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price objective on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada raised their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 price objective on shares of Linde in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $540.00.

Insider Activity

In related news, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction dated 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 sale, the vice president directly owned 22,138 shares in the company, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.30% of the company’s stock.

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.