Linde PLC (NYSE:LIN) CEO Stephen F. Angel sold 54,994 shares of the business’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $184.46, for a total transaction of $10,144,193.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NYSE LIN traded up $0.06 during trading on Wednesday, hitting $182.97. 435,901 shares of the company traded hands, compared to its average volume of 1,683,976. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22. Linde PLC has a fifty-two week low of $145.95 and a fifty-two week high of $185.92. The firm has a market capitalization of $101.73 billion, a P/E ratio of 31.28, a P/E/G ratio of 1.95 and a beta of 0.78.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were given a $0.875 dividend. This represents a $3.50 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend was Thursday, March 7th. Linde’s payout ratio is 28.21%.

Institutional investors have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new position in shares of Linde during the 4th quarter valued at approximately $31,000. Kings Point Capital Management purchased a new stake in shares of Linde during the 4th quarter valued at $31,000. Sharkey Howes & Javer purchased a new stake in shares of Linde during the 4th quarter valued at $31,000. Heritage Trust Co purchased a new stake in shares of Linde during the 4th quarter valued at $31,000. Finally, Tarbox Family Office Inc. bought a new position in shares of Linde during the 4th quarter valued at $36,000. 73.06% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on LIN shares. KeyCorp upped their price objective on shares of Linde from $188.00 to $205.00 and gave the company an “overweight” rating in a report on Wednesday, April 3rd. SunTrust Banks upped their price objective on shares of Linde to $196.00 and gave the company a “buy” rating in a report on Thursday, April 4th. They noted that the move was a valuation call. ValuEngine lowered shares of Linde from a “buy” rating to a “hold” rating in a report on Monday, April 1st. Argus started coverage on shares of Linde in a report on Friday, March 22nd. They set a “hold” rating and a $175.10 price objective on the stock. Finally, Societe Generale started coverage on shares of Linde in a report on Tuesday, January 8th. They set a “buy” rating and a $190.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Linde currently has an average rating of “Hold” and an average price target of $188.18.

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About Linde

Linde plc operates as an industrial gas and engineering company. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene, shielding gases, and noble gases, as well as develops and distributes procedures and systems for gas applications.

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Insider Buying and Selling by Quarter for Linde (NYSE:LIN)

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