Tounjian Advisory Partners LLC Invests $1.26 Million in Linde PLC $LIN

Tounjian Advisory Partners LLC bought a new position in shares of Linde PLC (NASDAQ:LIN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,956 shares of the basic materials company’s stock, valued at approximately $1,260,000.

Several other large investors have also recently bought and sold shares of LIN. Darwin Wealth Management LLC acquired a new position in shares of Linde during the 2nd quarter worth about $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde during the 3rd quarter worth about $27,000. YANKCOM Partnership raised its position in shares of Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde during the third quarter worth approximately $29,000. Finally, Saranac Partners Ltd purchased a new stake in Linde during the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. Royal Bank Of Canada lowered their target price on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. 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 on the stock. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average target price of $515.20.

Insider Buying and Selling at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of the 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 sale, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was 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 in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by insiders.

Linde Trading Down 0.3%

NASDAQ:LIN opened at $488.15 on Friday. The company has a market capitalization of $226.20 billion, a PE ratio of 33.46, a P/E/G ratio of 3.21 and a beta of 0.82. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65. The stock’s 50 day moving average price is $473.03 and its 200 day moving average price is $450.71. 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 data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. On average, research analysts anticipate that Linde PLC will post 16.54 EPS for the current 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 $1.60 dividend. This is a positive change from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 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.