Linde PLC $LIN Stock Holdings Increased by IFP Advisors Inc

IFP Advisors Inc increased its holdings in Linde PLC (NASDAQ:LIN) by 72.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,501 shares of the basic materials company’s stock after purchasing an additional 2,313 shares during the quarter. IFP Advisors Inc’s holdings in Linde were worth $2,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde during the third quarter valued at approximately $29,000. Strengthening Families & Communities LLC raised its holdings in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 39 shares during the period. Finally, Guerra Advisors Inc acquired a new stake in shares of Linde during the third quarter valued at approximately $30,000. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Performance

Shares of LIN opened at $517.58 on Friday. The company’s 50 day moving average price is $499.78 and its 200 day moving average price is $462.12. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28. The company has a market capitalization of $239.30 billion, a PE ratio of 34.37, a PEG ratio of 3.23 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the previous year, the firm posted $3.95 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 1.2%. Linde’s payout ratio is presently 42.50%.

Wall Street Analyst Weigh In

LIN has been the topic of a number of recent analyst reports. Mizuho set a $525.00 price target on shares of Linde in a report on Friday, February 6th. BMO Capital Markets restated an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Linde presently has an average rating of “Buy” and a consensus price target of $540.00.

Insider Buying and Selling

In related news, EVP Sean Durbin sold 6,520 shares of the business’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 transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the business’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 transaction of $2,094,802.03. Following the transaction, the vice president directly owned 22,138 shares in the company, valued at $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

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.