Tredje AP fonden Has $29.36 Million Stock Position in Linde PLC $LIN

Tredje AP fonden lifted its position in shares of Linde PLC (NASDAQ:LIN) by 5.0% in the fourth quarter, HoldingsChannel reports. The fund owned 68,862 shares of the basic materials company’s stock after buying an additional 3,262 shares during the period. Tredje AP fonden’s holdings in Linde were worth $29,362,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new stake in Linde in the second quarter worth about $25,000. KERR FINANCIAL PLANNING Corp acquired a new position in Linde during the 3rd quarter valued at about $29,000. Saranac Partners Ltd acquired a new position in Linde during the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC boosted its stake 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 last quarter. Finally, Guerra Advisors Inc bought a new position in shares of Linde in the 3rd quarter valued at about $30,000. Institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. UBS Group lifted their target price on shares of Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Mizuho set a $525.00 target price on shares of Linde in a research report on Friday, February 6th. Seaport Research Partners increased their price target on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Citigroup raised their price target on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $540.00.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the sale, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly 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 position. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by company insiders.

Linde Stock Up 0.9%

Shares of Linde stock opened at $510.86 on Tuesday. 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 $236.20 billion, a P/E ratio of 33.92, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73. The business has a 50-day moving average of $497.44 and a two-hundred day moving average of $459.99. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 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 business had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the firm posted $3.95 EPS. The firm’s revenue was up 8.2% compared to the same quarter last year. 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 predict that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 42.50%.

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.