GAMMA Investing LLC Reduces Stock Holdings in Linde PLC $LIN

GAMMA Investing LLC lowered its stake in shares of Linde PLC (NASDAQ:LIN) by 26.2% during the fourth quarter, Holdings Channel reports. The firm owned 6,297 shares of the basic materials company’s stock after selling 2,230 shares during the period. GAMMA Investing LLC’s holdings in Linde were worth $2,685,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter valued at $25,000. Marquette Asset Management LLC acquired a new stake in Linde during the 3rd quarter worth $27,000. YANKCOM Partnership lifted its position in Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the third quarter valued at $29,000. Finally, Saranac Partners Ltd acquired a new position in Linde in the third quarter valued at $29,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Activity at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was 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 of the company’s stock, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by company insiders.

Linde Trading Up 0.3%

Shares of Linde stock opened at $489.80 on Friday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $510.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The company has a market capitalization of $226.97 billion, a P/E ratio of 33.57, a PEG ratio of 3.21 and a beta of 0.82. The company’s fifty day moving average is $472.15 and its two-hundred day moving average is $450.80.

Linde (NASDAQ:LIN) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the prior year, the company earned $3.97 earnings per share. The business’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. Analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is currently 43.87%.

Analyst Ratings Changes

LIN has been the topic of several research reports. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. UBS Group reissued a “buy” rating on shares of Linde in a report on Wednesday, March 11th. Citigroup upped their target price on Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target 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.