Guillermo Bichara Sells 4,357 Shares of Linde (NASDAQ:LIN) Stock

Linde PLC (NASDAQ:LINGet Free Report) VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Guillermo Bichara also recently made the following trade(s):

  • On Tuesday, February 17th, Guillermo Bichara sold 9,455 shares of Linde stock. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75.

Linde Stock Up 1.8%

LIN stock traded up $8.79 during mid-day trading on Thursday, hitting $490.34. 1,920,303 shares of the company were exchanged, compared to its average volume of 2,669,657. The company has a market capitalization of $227.22 billion, a PE ratio of 33.61, a price-to-earnings-growth ratio of 3.14 and a beta of 0.82. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The firm has a fifty day simple moving average of $465.06 and a 200 day simple moving average of $450.10.

Linde (NASDAQ:LINGet Free Report) last issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the prior year, the business posted $3.97 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, research analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. The ex-dividend date is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 41.12%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. CICC Research started coverage on Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price objective on the stock. UBS Group restated a “buy” rating on shares of Linde in a research report on Wednesday. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $508.20.

Read Our Latest Stock Analysis on LIN

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new stake in Linde in the second quarter worth $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde in the 3rd quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde in the 3rd quarter worth about $29,000. YANKCOM Partnership lifted its position in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the last quarter. Finally, Guerra Advisors Inc acquired a new position in Linde during the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

About Linde

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.