S Bank Fund Management Ltd Has $9.38 Million Stock Holdings in Linde PLC $LIN

S Bank Fund Management Ltd lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 266.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 22,000 shares of the basic materials company’s stock after acquiring an additional 16,000 shares during the period. Linde makes up about 1.2% of S Bank Fund Management Ltd’s investment portfolio, making the stock its 21st biggest position. S Bank Fund Management Ltd’s holdings in Linde were worth $9,381,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter worth about $25,000. Marquette Asset Management LLC bought a new position in Linde during the third quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Linde during the third quarter valued at approximately $29,000. Saranac Partners Ltd bought a new stake in shares of Linde in the 3rd quarter valued at approximately $29,000. Finally, Guerra Advisors Inc bought a new stake in shares of Linde in the 3rd quarter valued at approximately $30,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on LIN. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research report on Tuesday, February 10th. Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. JPMorgan Chase & Co. increased their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday. Morgan Stanley reissued an “overweight” rating and set a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Finally, Seaport Research Partners upped their target price on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $540.00.

Insider Activity at Linde

In other Linde news, 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 transaction of $3,111,800.40. Following the transaction, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $2,094,802.03. Following the completion of the transaction, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,332 shares of company stock worth $9,749,257 over the last three months. 0.70% of the stock is owned by insiders.

Linde Price Performance

Shares of LIN stock opened at $500.41 on Wednesday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28. The stock has a market capitalization of $231.36 billion, a PE ratio of 33.23, a PEG ratio of 3.10 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock’s fifty day moving average is $497.01 and its 200-day moving average is $456.41.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities research analysts expect that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is 42.50%.

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.