Fayez Sarofim & Co Sells 2,649 Shares of Linde PLC $LIN

Fayez Sarofim & Co trimmed its position in shares of Linde PLC (NASDAQ:LIN) by 0.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 426,879 shares of the basic materials company’s stock after selling 2,649 shares during the quarter. Fayez Sarofim & Co owned 0.09% of Linde worth $202,768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of LIN. Darwin Wealth Management LLC bought a new stake in shares of Linde in the 2nd quarter worth about $25,000. Marquette Asset Management LLC bought a new position in Linde during the 3rd quarter valued at about $27,000. YANKCOM Partnership grew its holdings in Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the last quarter. Guerra Advisors Inc purchased a new stake in Linde in the 3rd quarter worth about $30,000. Finally, Caitlin John LLC purchased a new stake in Linde in the 3rd quarter worth about $32,000. Institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on LIN shares. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. CICC Research started coverage on Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research note on Tuesday, February 10th. Finally, JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $455.00 to $525.00 in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde presently has an average rating of “Buy” and a consensus target price of $515.20.

Linde Trading Up 0.7%

NASDAQ LIN opened at $493.92 on Monday. Linde PLC has a one year low of $387.78 and a one 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 $228.88 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 3.25 and a beta of 0.82. The company’s 50-day simple moving average is $467.63 and its two-hundred day simple moving average is $450.04.

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

Linde Increases Dividend

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

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction 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 completion of the transaction, the vice president directly 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 position. 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 company’s stock in a transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 20,332 shares of company stock worth $9,749,257 in the last ninety days. Insiders own 0.70% of the company’s stock.

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.