Northcape Wealth Management LLC Buys 1,166 Shares of Linde PLC $LIN

Northcape Wealth Management LLC raised its position in Linde PLC (NASDAQ:LIN) by 186.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,790 shares of the basic materials company’s stock after acquiring an additional 1,166 shares during the quarter. Northcape Wealth Management LLC’s holdings in Linde were worth $763,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Binnacle Investments Inc grew its holdings 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 last quarter. Embree Financial Group lifted its position in shares of Linde by 4.9% during the 3rd quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after acquiring an additional 22 shares during the period. Trust Co. of Vermont lifted its position in shares of Linde by 0.3% during the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after acquiring an additional 23 shares during the period. Baldwin Wealth Partners LLC MA lifted its position in shares of 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 acquiring an additional 23 shares during the period. Finally, Mayport LLC lifted its position in shares of 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 acquiring an additional 23 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insider Activity

In other news, VP Guillermo Bichara sold 4,357 shares of the 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 owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Sean Durbin sold 6,520 shares of the 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 sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock worth $9,749,257 over the last three months. 0.70% of the stock is currently owned by insiders.

Linde Trading Up 1.2%

Shares of Linde stock opened at $500.48 on Thursday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The firm has a market cap of $231.92 billion, a PE ratio of 34.30, a PEG ratio of 3.30 and a beta of 0.78. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The company has a 50 day simple moving average of $486.06 and a two-hundred day simple moving average of $452.40.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were given a $1.60 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s payout ratio is currently 43.87%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LIN. DZ Bank downgraded shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research report on Tuesday, February 10th. Citigroup boosted their target price on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Morgan Stanley reiterated an “overweight” rating and set a $530.00 target price on shares of Linde in a research report on Friday, February 6th. UBS Group reiterated a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. upgraded shares of Linde from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $455.00 to $525.00 in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given 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 $515.20.

About Linde

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.