SG Americas Securities LLC Has $1.03 Billion Holdings in Linde PLC $LIN

SG Americas Securities LLC grew its stake in Linde PLC (NASDAQ:LIN) by 10,454.4% in the fourth quarter, HoldingsChannel reports. The fund owned 2,424,869 shares of the basic materials company’s stock after acquiring an additional 2,401,894 shares during the period. Linde accounts for 1.3% of SG Americas Securities LLC’s holdings, making the stock its 12th largest position. SG Americas Securities LLC’s holdings in Linde were worth $1,033,940,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Linde during the second quarter valued at approximately $3,098,772,000. Lazard Asset Management LLC acquired a new position in Linde during the 3rd quarter worth $453,274,000. Assenagon Asset Management S.A. boosted its position in Linde by 82.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock valued at $799,543,000 after buying an additional 760,954 shares during the last quarter. Danske Bank A S bought a new position in Linde in the 3rd quarter valued at $260,822,000. Finally, Nordea Investment Management AB boosted its position in Linde by 34.5% in the 4th quarter. Nordea Investment Management AB now owns 2,124,882 shares of the basic materials company’s stock valued at $910,129,000 after buying an additional 544,850 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was 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 directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,332 shares of company stock worth $9,749,257. Company insiders own 0.70% of the company’s stock.

Linde Stock Performance

Shares of Linde stock opened at $478.05 on Tuesday. The firm has a fifty day moving average of $473.72 and a two-hundred day moving average of $450.60. The stock has a market capitalization of $221.52 billion, a price-to-earnings ratio of 32.77, a PEG ratio of 3.21 and a beta of 0.82. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating 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 company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter in the prior year, the business posted $3.97 EPS. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. 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, equities research analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s payout ratio is currently 43.87%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on LIN shares. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. DZ Bank lowered 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. Mizuho set a $525.00 price objective on Linde in a report on Friday, February 6th. Finally, UBS Group restated a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus 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.