Linde PLC $LIN Shares Sold by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC trimmed its position in Linde PLC (NASDAQ:LIN) by 8.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,372 shares of the basic materials company’s stock after selling 1,005 shares during the period. Wellington Shields Capital Management LLC’s holdings in Linde were worth $4,423,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of LIN. Darwin Wealth Management LLC acquired a new stake in shares of Linde in the 2nd quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC raised its holdings in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares in the last quarter. Finally, Guerra Advisors Inc acquired a new stake in shares of Linde in the 3rd quarter valued at $30,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on LIN shares. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research report on Tuesday, May 5th. UBS Group upped their target price on shares of Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 target price on shares of Linde in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $540.00.

Linde Stock Performance

Shares of LIN stock opened at $517.58 on Tuesday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The stock has a market cap of $239.30 billion, a P/E ratio of 34.37, a P/E/G ratio of 3.25 and a beta of 0.73. The business has a fifty day simple moving average of $500.32 and a 200-day simple moving average of $463.17. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

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, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the previous year, the business earned $3.95 EPS. The company’s revenue for the quarter 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. On average, analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

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.