3,928 Shares in Linde PLC $LIN Purchased by Marble Wealth LLC

Marble Wealth LLC purchased a new position in Linde PLC (NASDAQ:LIN) during the fourth quarter, HoldingsChannel reports. The firm purchased 3,928 shares of the basic materials company’s stock, valued at approximately $1,675,000.

Other hedge funds also recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in Linde during the 2nd quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde during the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new position in Linde during the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC lifted its stake in Linde by 134.5% during the 4th 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 bought a new position in Linde during the 3rd quarter valued at about $30,000. 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 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 stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the transaction, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by corporate insiders.

Linde Price Performance

Shares of NASDAQ:LIN opened at $495.91 on Wednesday. The firm’s 50 day moving average price is $501.45 and its 200-day moving average price is $466.12. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $229.28 billion, a PE ratio of 32.93, a price-to-earnings-growth ratio of 3.12 and a beta of 0.72.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $8.60 billion. During the same quarter in the prior year, the business earned $3.95 EPS. The business’s quarterly 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. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

Wall Street Analysts Forecast Growth

LIN has been the topic of several research analyst reports. UBS Group restated a “buy” rating and set a $600.00 target price on shares of Linde in a research note on Tuesday. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Mizuho set a $525.00 target price on shares of Linde in a research note on Friday, February 6th. JPMorgan Chase & Co. upped their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, BMO Capital Markets restated an “outperform” rating and set a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. One research 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’s stock. Based on data from MarketBeat, the stock presently 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.