Linde (NASDAQ:LIN) EVP Sean Durbin Sells 6,520 Shares

Linde PLC (NASDAQ:LIN) EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction 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 sale, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Linde Trading Up 1.3%

Shares of LIN traded up $6.14 on Friday, reaching $496.55. 929,185 shares of the company’s stock were exchanged, compared to its average volume of 2,657,389. The business has a 50 day moving average price of $466.34 and a two-hundred day moving average price of $450.38. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $230.09 billion, a P/E ratio of 34.03, a price-to-earnings-growth ratio of 3.16 and a beta of 0.82. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. 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 earned $3.97 EPS. Linde’s quarterly 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. Research analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is presently 43.87%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LIN. Shepherd Financial Partners LLC grew its holdings in shares of Linde by 4.5% during the 2nd quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 22 shares in the last quarter. Embree Financial Group lifted its position in Linde by 4.9% during the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock worth $223,000 after purchasing an additional 22 shares during the period. Blalock Williams LLC grew its stake in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after buying an additional 22 shares in the last quarter. Mutual Advisors LLC grew its stake in Linde by 2.0% during the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after buying an additional 22 shares in the last quarter. Finally, Binnacle Investments Inc increased its holdings in Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the period. 82.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of Linde in a research report on Wednesday. Mizuho set a $525.00 price target on Linde in a report on Friday, February 6th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Finally, CICC Research began coverage on Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $515.20.

About Linde

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.