Frank Rimerman Advisors LLC Decreases Position in Linde PLC $LIN

Frank Rimerman Advisors LLC decreased its position in Linde PLC (NASDAQ:LIN) by 53.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,554 shares of the basic materials company’s stock after selling 2,927 shares during the period. Frank Rimerman Advisors LLC’s holdings in Linde were worth $1,089,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC acquired a new stake in Linde in the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC raised its position in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares during the last quarter. Sivia Capital Partners LLC raised its position in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Linde by 19.3% in the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Westerkirk Capital Inc. purchased a new stake in shares of Linde in the second quarter valued at about $819,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling at Linde

In related news, EVP Sean Durbin sold 6,520 shares of the 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 transaction, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,332 shares of company stock worth $9,749,257 in the last 90 days. Insiders own 0.70% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ LIN opened at $493.83 on Thursday. The company has a 50-day simple moving average of $481.20 and a 200-day simple moving average of $451.58. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The company has a market cap of $228.84 billion, a PE ratio of 33.85, a price-to-earnings-growth ratio of 3.26 and a beta of 0.78. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65.

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

Linde Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. This is a positive change from Linde’s previous quarterly dividend of $1.50. The ex-dividend date was Wednesday, March 11th. Linde’s payout ratio is 43.87%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. 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 objective for the company. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research note 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. UBS Group reissued a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $515.20.

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.