1,949 Shares in Linde PLC $LIN Acquired by Bridgefront Capital LLC

Bridgefront Capital LLC bought a new stake in shares of Linde PLC (NASDAQ:LIN) in the 3rd quarter, Holdings Channel.com reports. The firm bought 1,949 shares of the basic materials company’s stock, valued at approximately $926,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in shares of Linde in the 4th quarter worth $2,752,000. Revolve Wealth Partners LLC raised its holdings 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 lifted its position in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Empower Advisory Group LLC grew its holdings in Linde by 9.2% during the second quarter. Empower Advisory Group LLC now owns 271,618 shares of the basic materials company’s stock valued at $127,438,000 after purchasing an additional 22,886 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of the firm’s 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 completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sean Durbin sold 6,520 shares of the firm’s 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 directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 20,332 shares of company stock worth $9,749,257. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

LIN has been the topic of several recent research reports. CICC Research assumed coverage on Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective on the stock. UBS Group reiterated a “buy” rating on shares of Linde in a research note on Wednesday. Morgan Stanley reissued an “overweight” rating and issued a $530.00 target price on shares of Linde in a report on Friday, February 6th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Royal Bank Of Canada lowered their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $515.20.

Linde Price Performance

NASDAQ:LIN opened at $493.92 on Friday. The business’s 50-day simple moving average is $467.63 and its two-hundred day simple moving average is $450.27. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The stock has a market cap of $228.88 billion, a PE ratio of 33.85, a P/E/G ratio of 3.25 and a beta of 0.82. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

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

Linde Company 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.