Morse Asset Management Inc Has $4.25 Million Holdings in Linde PLC $LIN

Morse Asset Management Inc cut its stake in shares of Linde PLC (NASDAQ:LIN) by 25.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,973 shares of the basic materials company’s stock after selling 3,441 shares during the period. Morse Asset Management Inc’s holdings in Linde were worth $4,252,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Nicholas Hoffman & Company LLC. increased its holdings in shares of Linde by 4.0% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 1,390 shares of the basic materials company’s stock worth $593,000 after buying an additional 53 shares in the last quarter. Bay Harbor Wealth Management LLC increased its holdings in shares of Linde by 1,347.4% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 275 shares of the basic materials company’s stock worth $117,000 after buying an additional 256 shares in the last quarter. FWG Holdings LLC increased its holdings in shares of Linde by 32.4% during the fourth quarter. FWG Holdings LLC now owns 1,711 shares of the basic materials company’s stock worth $782,000 after buying an additional 419 shares in the last quarter. Sun Financial Inc acquired a new position in shares of Linde during the fourth quarter worth $318,000. Finally, KPP Advisory Services LLC increased its holdings in shares of Linde by 1.4% during the fourth quarter. KPP Advisory Services LLC now owns 2,075 shares of the basic materials company’s stock worth $885,000 after buying an additional 28 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ LIN opened at $493.55 on Tuesday. The company has a market capitalization of $228.71 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 3.20 and a beta of 0.73. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The stock has a fifty day simple moving average of $496.93 and a 200 day simple moving average of $456.06. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts expect that Linde PLC will post 17.8 EPS for the current year.

Linde Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is 42.50%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LIN. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. UBS Group increased their price objective on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $533.00.

Insiders Place Their Bets

In other Linde news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction 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 owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were 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 in the company, valued at $10,643,729.02. This trade represents a 16.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 20,332 shares of company stock worth $9,749,257 in the last ninety days. Insiders own 0.70% of the company’s stock.

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.