Linde PLC $LIN Shares Sold by Allworth Financial LP

Allworth Financial LP cut its stake in Linde PLC (NASDAQ:LIN) by 32.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,044 shares of the basic materials company’s stock after selling 4,384 shares during the period. Allworth Financial LP’s holdings in Linde were worth $3,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter valued at $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC boosted its position in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. Finally, Guerra Advisors Inc acquired a new position in shares of Linde in the 3rd quarter valued at $30,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Sean Durbin sold 6,520 shares of the firm’s 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 completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $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. In the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. 0.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on LIN. Royal Bank Of Canada increased their price objective on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a research note on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $540.00.

Linde Stock Down 1.1%

LIN opened at $506.11 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The business has a 50-day moving average of $497.02 and a 200-day moving average of $459.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company has a market capitalization of $234.00 billion, a PE ratio of 33.61, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73.

Linde (NASDAQ:LIN) last released its 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 firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company’s revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm posted $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. Equities research analysts forecast that Linde PLC will post 17.86 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. Investors of record on Thursday, June 4th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is currently 42.50%.

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.