Linde PLC $LIN Shares Sold by C WorldWide Group Holding A S

C WorldWide Group Holding A S trimmed its stake in shares of Linde PLC (NASDAQ:LIN) by 20.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 704,417 shares of the basic materials company’s stock after selling 177,246 shares during the quarter. Linde makes up about 5.2% of C WorldWide Group Holding A S’s portfolio, making the stock its 7th largest holding. C WorldWide Group Holding A S’s holdings in Linde were worth $300,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in LIN. Brighton Jones LLC acquired a new position in Linde during the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC increased its position in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC increased its position in Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. increased its position in Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC increased its position in Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Linde

In other 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 directly owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the 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 sale, the executive vice president 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is currently owned by corporate insiders.

Linde Stock Performance

Shares of NASDAQ LIN opened at $493.16 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. Linde PLC has a 52-week low of $387.78 and a 52-week high of $521.28. The firm has a 50 day moving average price of $496.88 and a two-hundred day moving average price of $457.12. The stock has a market cap of $228.01 billion, a P/E ratio of 32.75, a price-to-earnings-growth ratio of 3.10 and a beta of 0.73.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the company posted $3.95 EPS. The company’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Mizuho set a $525.00 price objective on shares of Linde in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. UBS Group upped their price target on shares of Linde from $550.00 to $579.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Finally, Seaport Research Partners upped their price target on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One investment 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $540.00.

Linde 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.