RWA Wealth Partners LLC cut its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 60,269 shares of the basic materials company’s stock after selling 2,108 shares during the quarter. RWA Wealth Partners LLC’s holdings in Linde were worth $28,628,000 as of its most recent filing with the SEC.
Several other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in shares of Linde during the 2nd quarter worth $25,000. Marquette Asset Management LLC acquired a new stake in Linde in the 3rd quarter valued at about $27,000. YANKCOM Partnership increased its holdings in Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares in the last quarter. Guerra Advisors Inc acquired a new position in Linde during the third quarter worth about $30,000. Finally, Albion Financial Group UT lifted its holdings in shares of Linde by 87.8% in the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 36 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and set a $530.00 price target on shares of Linde in a research report on Friday, February 6th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, UBS Group boosted their target price on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $508.20.
Insider Activity
In related news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president directly owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.
Linde Price Performance
LIN stock opened at $504.00 on Wednesday. The stock has a market capitalization of $235.34 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 3.27 and a beta of 0.84. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. Linde PLC has a 52-week low of $387.78 and a 52-week high of $504.49. The stock’s fifty day simple moving average is $449.38 and its 200-day simple moving average is $448.60.
Linde (NASDAQ:LIN – Get Free Report) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same period in the prior year, the business posted $3.97 earnings per share. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities research analysts expect that Linde PLC will post 16.54 EPS for the current year.
Linde Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s payout ratio is currently 41.12%.
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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