Sei Investments Co. Acquires 6,966 Shares of Linde PLC $LIN

Sei Investments Co. grew its holdings in Linde PLC (NASDAQ:LIN) by 1.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 440,666 shares of the basic materials company’s stock after buying an additional 6,966 shares during the period. Sei Investments Co. owned approximately 0.09% of Linde worth $209,335,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in LIN. Vanguard Group Inc. grew its position in Linde by 0.7% in the second quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock worth $20,943,654,000 after acquiring an additional 292,492 shares in the last quarter. Capital Research Global Investors raised its position in Linde by 0.9% during the third quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock valued at $4,431,639,000 after purchasing an additional 83,236 shares during the period. Norges Bank purchased a new stake in Linde during the second quarter valued at approximately $3,098,772,000. Invesco Ltd. lifted its stake in shares of Linde by 4.8% in the 2nd quarter. Invesco Ltd. now owns 4,044,833 shares of the basic materials company’s stock valued at $1,897,755,000 after purchasing an additional 185,294 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Linde by 4.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,895,026 shares of the basic materials company’s stock worth $1,850,137,000 after purchasing an additional 176,650 shares during the period. 82.80% of the stock is currently owned by institutional investors.

Linde Price Performance

LIN opened at $490.41 on Friday. The business has a fifty day moving average of $466.34 and a 200 day moving average of $450.38. The stock has a market cap of $227.25 billion, a P/E ratio of 33.61, a PEG ratio of 3.16 and a beta of 0.82. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter last year, the firm posted $3.97 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, sell-side analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s payout ratio is 43.87%.

Analysts Set New Price Targets

Several research firms have recently weighed in on LIN. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. UBS Group reaffirmed a “buy” rating on shares of Linde in a research note on Wednesday. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Mizuho set a $525.00 target price on shares of Linde in a report on Friday, February 6th. Finally, CICC Research started coverage on shares of Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $508.20.

Insider Transactions at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction dated 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 owned 22,138 shares in the company, valued at $10,643,729.02. This trade represents a 16.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction dated 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock valued at $9,749,257 in the last quarter. 0.70% of the stock is currently owned by company insiders.

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.