Linde PLC $LIN Shares Sold by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. cut its holdings in Linde PLC (NASDAQ:LIN) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,695 shares of the basic materials company’s stock after selling 1,013 shares during the period. Clark Capital Management Group Inc.’s holdings in Linde were worth $96,660,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Blalock Williams LLC raised its stake in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after buying an additional 22 shares in the last quarter. Mutual Advisors LLC raised its stake in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after buying an additional 22 shares in the last quarter. Binnacle Investments Inc raised its stake in Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares in the last quarter. Baldwin Wealth Partners LLC MA raised its stake in Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after buying an additional 23 shares in the last quarter. Finally, Mayport LLC raised its stake in Linde by 4.8% in the fourth quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock valued at $215,000 after buying an additional 23 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Down 0.6%

LIN opened at $518.17 on Wednesday. The business’s 50-day simple moving average is $505.55 and its 200-day simple moving average is $473.53. 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 PLC has a one year low of $387.78 and a one year high of $525.87. The stock has a market capitalization of $239.57 billion, a P/E ratio of 34.41, a price-to-earnings-growth ratio of 3.27 and a beta of 0.72.

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

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is 42.50%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on LIN shares. Seaport Research Partners raised their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. UBS Group restated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lifted their target price on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $541.91.

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.