Linde PLC $LIN Shares Purchased by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG raised its position in shares of Linde PLC (NASDAQ:LIN) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,262 shares of the basic materials company’s stock after purchasing an additional 2,408 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Linde were worth $35,493,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of LIN. Embree Financial Group lifted its holdings in shares of Linde by 27.5% in the fourth quarter. Embree Financial Group now owns 598 shares of the basic materials company’s stock valued at $255,000 after buying an additional 129 shares during the period. MeadowBrook Investment Advisors LLC boosted its stake in Linde by 1.3% during the fourth quarter. MeadowBrook Investment Advisors LLC now owns 3,574 shares of the basic materials company’s stock valued at $1,524,000 after buying an additional 45 shares in the last quarter. Mitchell & Pahl Private Wealth LLC grew its holdings in Linde by 1.3% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 7,956 shares of the basic materials company’s stock worth $3,392,000 after acquiring an additional 102 shares during the period. Goelzer Investment Management Inc. raised its position in Linde by 70.2% in the fourth quarter. Goelzer Investment Management Inc. now owns 1,203 shares of the basic materials company’s stock worth $513,000 after acquiring an additional 496 shares in the last quarter. Finally, Sky Investment Group LLC raised its position in Linde by 5.8% in the fourth quarter. Sky Investment Group LLC now owns 29,179 shares of the basic materials company’s stock worth $12,442,000 after acquiring an additional 1,591 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on LIN shares. Morgan Stanley reissued an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. UBS Group reiterated a “buy” rating on shares of Linde in a report on Wednesday, March 11th. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research note on Tuesday, February 10th. Royal Bank Of Canada reduced their target price on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Finally, Citigroup lifted their price target on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $515.20.

Linde Trading Up 1.7%

Shares of NASDAQ LIN opened at $499.26 on Tuesday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. The company has a market cap of $231.35 billion, a price-to-earnings ratio of 34.22, a P/E/G ratio of 3.23 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. The business has a fifty day simple moving average of $478.86 and a 200-day simple moving average of $451.19.

Linde (NASDAQ:LIN) last issued its quarterly 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. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.Linde’s revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Sell-side analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. This is an increase from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend was Wednesday, March 11th. Linde’s payout ratio is 43.87%.

Insider Activity at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the business’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 transaction of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the sale, the vice president 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 position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is currently owned by insiders.

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.