Sivia Capital Partners LLC boosted its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 88.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,310 shares of the basic materials company’s stock after acquiring an additional 1,554 shares during the period. Sivia Capital Partners LLC’s holdings in Linde were worth $1,412,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Blalock Williams LLC increased its stake in Linde by 4.5% during the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after acquiring an additional 22 shares during the period. Mutual Advisors LLC increased its stake in Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after acquiring an additional 22 shares during the period. Binnacle Investments Inc increased its stake in Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after acquiring an additional 22 shares during the period. Baldwin Wealth Partners LLC MA increased its stake in Linde by 3.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after acquiring an additional 23 shares during the period. Finally, Mayport LLC increased its stake in Linde by 4.8% during the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock worth $215,000 after acquiring an additional 23 shares during the period. Institutional investors own 82.80% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have commented on LIN shares. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research note on Tuesday, February 10th. Seaport Research Partners raised their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a research note on Monday, May 4th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Linde presently has an average rating of “Buy” and an average target price of $541.91.
Insider Buying and Selling at Linde
In other news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction 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 owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction 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 in the company, 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. Company insiders own 0.30% of the company’s stock.
Linde Trading Up 2.4%
Shares of LIN opened at $507.57 on Thursday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $521.28. The business’s fifty day moving average is $502.19 and its 200-day moving average is $467.15. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The firm has a market cap of $234.67 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 3.11 and a beta of 0.72.
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly 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 return on equity of 19.80% and a net margin of 20.44%.The company had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the company posted $3.95 EPS. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.
Linde Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) 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.
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