Nixon Peabody Trust Co. Sells 1,105 Shares of Linde PLC $LIN

Nixon Peabody Trust Co. decreased its position in shares of Linde PLC (NASDAQ:LIN) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,726 shares of the basic materials company’s stock after selling 1,105 shares during the period. Nixon Peabody Trust Co.’s holdings in Linde were worth $7,985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in Linde during the 2nd quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd bought a new position in Linde in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC boosted its stake in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares in the last quarter. Finally, Guerra Advisors Inc bought a new stake in shares of Linde during the third quarter worth $30,000. Institutional investors own 82.80% of the company’s stock.

Insider Activity at Linde

In other Linde 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 $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. 0.30% of the stock is owned by insiders.

Linde Trading Up 0.6%

LIN stock opened at $517.58 on Friday. 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 twelve month low of $387.78 and a twelve month high of $521.28. The company has a market cap of $239.30 billion, a P/E ratio of 34.37, a PEG ratio of 3.23 and a beta of 0.73. The business has a fifty day moving average of $499.78 and a 200-day moving average of $462.12.

Linde (NASDAQ:LIN) last posted 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 business had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business 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 research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

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 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 1.2%. Linde’s payout ratio is currently 42.50%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LIN. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a research report on Tuesday, February 10th. Royal Bank Of Canada boosted their target price on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $530.00 target price on shares of Linde in a research report on Friday, February 6th. One equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target 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.