Savant Capital LLC lessened its stake in Linde PLC (NASDAQ:LIN – Free Report) by 18.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,456 shares of the basic materials company’s stock after selling 1,957 shares during the period. Savant Capital LLC’s holdings in Linde were worth $3,606,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in LIN. Brighton Jones LLC bought a new stake in Linde in the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC grew its position in Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares during the period. Sivia Capital Partners LLC grew its position in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares during the period. Schnieders Capital Management LLC. grew its position in Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares during the period. Finally, Gabelli Funds LLC grew its position in Linde by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares during the period. Institutional investors own 82.80% of the company’s stock.
Analyst Upgrades and Downgrades
LIN has been the subject of a number of research analyst reports. Citigroup lifted their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research note on Tuesday, February 10th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Seaport Research Partners lifted their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One research 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 stock. According to data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and an average target price of $540.00.
Linde Stock Down 0.9%
LIN opened at $497.69 on Friday. 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 fifty-two week low of $387.78 and a fifty-two week high of $521.28. The firm’s fifty day moving average is $501.29 and its 200 day moving average is $465.31. The stock has a market cap of $230.11 billion, a price-to-earnings ratio of 33.05, a price-to-earnings-growth ratio of 3.12 and a beta of 0.73.
Linde (NASDAQ:LIN – Get Free Report) last released its earnings results 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. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company 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 company earned $3.95 EPS. Linde’s revenue for the quarter 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. On average, sell-side analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.
Linde Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid 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 1.3%. Linde’s payout ratio is 42.50%.
Insiders Place Their Bets
In related news, VP Guillermo Bichara sold 4,357 shares of Linde 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 transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sean Durbin sold 6,520 shares of Linde 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 transaction, the executive vice president owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by insiders.
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.
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