Americana Partners LLC Sells 1,798 Shares of Linde PLC $LIN

Americana Partners LLC trimmed its position in Linde PLC (NASDAQ:LIN) by 7.0% during the fourth quarter, Holdings Channel reports. The firm owned 23,904 shares of the basic materials company’s stock after selling 1,798 shares during the quarter. Americana Partners LLC’s holdings in Linde were worth $10,192,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in Linde in the 2nd quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter valued at about $29,000. Saranac Partners Ltd bought a new position in Linde in the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC raised its holdings in 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 acquiring an additional 39 shares during the period. Finally, Guerra Advisors Inc bought a new position in Linde in the 3rd quarter valued at about $30,000. 82.80% of the stock is owned by institutional investors.

Insider Buying and Selling at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the firm’s 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 transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the firm’s 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 transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Royal Bank Of Canada raised their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Seaport Research Partners raised 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. Citigroup raised their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 target price on shares of Linde in a report on Monday, May 4th. One equities 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. According to MarketBeat.com, Linde has an average rating of “Buy” and an average target price of $540.00.

Linde Price Performance

LIN stock opened at $517.58 on Friday. The company has a fifty day moving average price of $499.78 and a 200-day moving average price of $462.12. The company has a market capitalization of $239.30 billion, a P/E ratio of 34.37, a PEG ratio of 3.23 and a beta of 0.73. Linde PLC has a 52-week low of $387.78 and a 52-week high of $521.28. 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 (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 the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate 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 quarter last year, the firm earned $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. As a group, equities analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The firm 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 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.