FourThought Financial Partners LLC Sells 1,378 Shares of Linde PLC $LIN

FourThought Financial Partners LLC reduced its holdings in shares of Linde PLC (NASDAQ:LIN) by 48.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,471 shares of the basic materials company’s stock after selling 1,378 shares during the quarter. FourThought Financial Partners LLC’s holdings in Linde were worth $627,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in shares of Linde during the 2nd quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde during the 3rd quarter worth approximately $29,000. Guerra Advisors Inc bought a new position in shares of Linde during the 3rd quarter worth approximately $30,000. Saranac Partners Ltd bought a new position in shares of Linde during the 3rd quarter worth approximately $29,000. Finally, Caitlin John LLC bought a new position in shares of Linde during the 3rd quarter worth approximately $32,000. 82.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on LIN shares. Morgan Stanley reiterated an “overweight” rating and set a $530.00 target price on shares of Linde in a research note on Friday, February 6th. Erste Group Bank upgraded 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 Linde in a research note on Friday, February 6th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten 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 a consensus rating of “Buy” and a consensus target price of $540.00.

Linde Stock Performance

LIN opened at $514.51 on Friday. The business has a fifty day simple moving average of $499.06 and a 200 day simple moving average of $461.73. The company has a market capitalization of $237.88 billion, a PE ratio of 34.16, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s payout ratio is 42.50%.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was 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 directly owned 22,138 shares in the company, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.30% of the company’s stock.

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.