Linde PLC $LIN Shares Acquired by Prudential PLC

Prudential PLC increased its stake in Linde PLC (NASDAQ:LIN) by 242.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,958 shares of the basic materials company’s stock after purchasing an additional 33,969 shares during the quarter. Prudential PLC’s holdings in Linde were worth $20,449,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of LIN. Blalock Williams LLC grew 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 valued at $217,000 after purchasing an additional 22 shares in the last quarter. Mutual Advisors LLC grew 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 valued at $470,000 after purchasing an additional 22 shares in the last quarter. Binnacle Investments Inc grew 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 valued at $111,000 after purchasing an additional 22 shares in the last quarter. Baldwin Wealth Partners LLC MA grew 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 valued at $303,000 after purchasing an additional 23 shares in the last quarter. Finally, Mayport LLC grew its stake in Linde by 4.8% during the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock valued at $215,000 after purchasing an additional 23 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Transactions at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction dated 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 transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. This represents a 16.44% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by insiders.

Linde Price Performance

Shares of LIN opened at $507.45 on Friday. The business’s 50-day moving average is $502.74 and its 200-day moving average is $467.74. The company has a market capitalization of $234.62 billion, a price-to-earnings ratio of 33.70, a P/E/G ratio of 3.19 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating 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 firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the company posted $3.95 earnings per share. The business’s quarterly revenue 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 research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 dividend on an annualized basis and a yield of 1.3%. Linde’s payout ratio is 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the subject of a number of recent analyst reports. Morgan Stanley restated an “overweight” rating and set a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. BMO Capital Markets reaffirmed an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Citigroup lifted their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Seaport Research Partners lifted their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $541.91.

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.