Linde PLC $LIN Shares Acquired by Jain Global LLC

Jain Global LLC lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 344.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,527 shares of the basic materials company’s stock after buying an additional 16,686 shares during the period. Jain Global LLC’s holdings in Linde were worth $10,225,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Shepherd Financial Partners LLC raised its stake in Linde by 4.5% during the 2nd quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock valued at $238,000 after acquiring an additional 22 shares in the last quarter. Embree Financial Group increased its holdings in shares of Linde by 4.9% during the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 22 shares during the period. Binnacle Investments Inc increased its holdings in shares of Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the period. Trust Co. of Vermont raised its stake in shares of Linde by 0.3% during the third quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after purchasing an additional 23 shares in the last quarter. Finally, Hanson & Doremus Investment Management raised its stake in shares of Linde by 24.5% during the third quarter. Hanson & Doremus Investment Management now owns 122 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 24 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Up 0.7%

Shares of LIN stock opened at $497.41 on Tuesday. The stock has a 50-day simple moving average of $468.92 and a 200 day simple moving average of $450.15. The stock has a market capitalization of $230.49 billion, a P/E ratio of 34.09, a P/E/G ratio of 3.25 and a beta of 0.82. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $510.65. 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 issued its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the previous year, the business earned $3.97 earnings per share. Linde’s revenue for the quarter was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, sell-side analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. CICC Research began coverage on shares of Linde in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price for the company. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Mizuho set a $525.00 price target on shares of Linde in a research note on Friday, February 6th. Citigroup increased their price objective on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, UBS Group reiterated a “buy” rating on shares of Linde in a research note on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Linde currently has an average rating of “Buy” and an average target price of $515.20.

Insider Activity at Linde

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

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.