Baader Bank Aktiengesellschaft lessened its stake in Linde PLC (NASDAQ:LIN – Free Report) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 93,226 shares of the basic materials company’s stock after selling 3,186 shares during the period. Linde comprises approximately 2.7% of Baader Bank Aktiengesellschaft’s portfolio, making the stock its 6th largest position. Baader Bank Aktiengesellschaft’s holdings in Linde were worth $39,738,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Western Wealth Management LLC increased its holdings in Linde by 3.9% in the 4th quarter. Western Wealth Management LLC now owns 6,185 shares of the basic materials company’s stock valued at $2,637,000 after purchasing an additional 235 shares during the last quarter. Navalign LLC increased its holdings in Linde by 4.0% in the 4th quarter. Navalign LLC now owns 2,835 shares of the basic materials company’s stock valued at $1,209,000 after purchasing an additional 109 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. acquired a new stake in Linde in the 4th quarter valued at approximately $530,000. Knuff & Co LLC increased its holdings in Linde by 111.4% in the 4th quarter. Knuff & Co LLC now owns 575 shares of the basic materials company’s stock valued at $245,000 after purchasing an additional 303 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in Linde by 230.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 3,615 shares of the basic materials company’s stock valued at $1,541,000 after purchasing an additional 2,522 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on LIN shares. Royal Bank Of Canada lifted their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Seaport Research Partners lifted their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Finally, DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $540.00.
Insider Buying and Selling at Linde
In other news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.30% of the company’s stock.
Linde Stock Performance
Shares of LIN stock opened at $513.26 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. 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 $237.31 billion, a PE ratio of 34.08, a P/E/G ratio of 3.16 and a beta of 0.73. The firm has a 50 day moving average of $496.69 and a two-hundred day moving average of $458.62.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 20.44% and a return on equity of 19.80%. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.
Linde Announces Dividend
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. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s 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.
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