Dnca Finance Decreases Stock Holdings in Linde PLC $LIN

Dnca Finance trimmed its position in shares of Linde PLC (NASDAQ:LIN) by 36.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 30,000 shares of the basic materials company’s stock after selling 17,213 shares during the quarter. Dnca Finance’s holdings in Linde were worth $14,250,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new position in shares of Linde during the second quarter valued at approximately $25,000. Marquette Asset Management LLC purchased a new stake in Linde in the third quarter worth $27,000. YANKCOM Partnership lifted its stake in Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares during the period. Guerra Advisors Inc bought a new stake in Linde in the third quarter valued at $30,000. Finally, Caitlin John LLC bought a new stake in Linde in the third quarter valued at $32,000. 82.80% of the stock is owned by institutional investors.

Insider Activity

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction dated 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 sale, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $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. Insiders have sold 20,332 shares of company stock worth $9,749,257 in the last three months. 0.70% of the stock is currently owned by insiders.

Linde Price Performance

LIN opened at $493.92 on Friday. The stock has a fifty day simple moving average of $467.63 and a two-hundred day simple moving average of $450.49. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The company has a market cap of $228.88 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 3.22 and a beta of 0.82. Linde PLC has a 12-month low of $387.78 and a 12-month high of $510.65.

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

Linde Increases Dividend

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

Analyst Ratings Changes

Several brokerages have commented on LIN. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. CICC Research initiated coverage on shares of Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price on the stock. Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. JPMorgan Chase & Co. raised shares of Linde from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $455.00 to $525.00 in a research note on Friday. Finally, Morgan Stanley restated an “overweight” rating and issued a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price 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.