Centiva Capital LP Invests $527,000 in Linde PLC $LIN

Centiva Capital LP purchased a new stake in Linde PLC (NASDAQ:LIN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,109 shares of the basic materials company’s stock, valued at approximately $527,000.

A number of other institutional investors also recently modified their holdings of the business. Darwin Wealth Management LLC bought a new stake in Linde during the 2nd quarter valued at $25,000. Marquette Asset Management LLC purchased a new stake in shares of Linde during the third quarter worth $27,000. YANKCOM Partnership boosted its holdings in shares of Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares during the period. Guerra Advisors Inc bought a new position in shares of Linde in the third quarter worth $30,000. Finally, Caitlin John LLC purchased a new position in shares of Linde in the third quarter valued at $32,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on LIN. UBS Group reiterated a “buy” rating on shares of Linde in a research note on Wednesday. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada reduced their target price on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. CICC Research initiated coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target on the stock. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $515.20.

Insider Transactions at Linde

In related news, 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 transaction, the vice president directly owned 22,138 shares in the company, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company’s stock.

Linde Trading Up 0.7%

Linde stock opened at $493.92 on Monday. The stock has a market cap of $228.88 billion, a P/E ratio of 33.85, a PEG ratio of 3.25 and a beta of 0.82. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $510.65. The firm’s fifty day moving average price is $467.63 and its 200-day moving average price is $450.04. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter last year, the business posted $3.97 earnings per share. The firm’s revenue 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 forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s payout ratio is 43.87%.

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.