Prospera Financial Services Inc Acquires 1,133 Shares of Linde PLC $LIN

Prospera Financial Services Inc lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,168 shares of the basic materials company’s stock after acquiring an additional 1,133 shares during the quarter. Prospera Financial Services Inc’s holdings in Linde were worth $20,122,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Brighton Jones LLC bought a new position in shares of Linde during the fourth quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC raised its holdings in Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Linde by 19.3% in the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC raised its holdings in Linde by 3.2% in the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Trading Up 0.6%

NASDAQ LIN opened at $517.58 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $521.28. The stock has a market cap of $239.30 billion, a P/E ratio of 34.37, a P/E/G ratio of 3.25 and a beta of 0.73. The stock’s fifty day moving average price is $499.78 and its 200-day moving average price is $462.12. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

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

Linde Dividend Announcement

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

Insiders Place Their Bets

In other news, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction on 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 sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sean Durbin sold 6,520 shares of the 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 completion of the sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on LIN. Citigroup increased their price objective on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a report on Tuesday, May 5th. Mizuho set a $525.00 price objective on Linde in a report on Friday, February 6th. Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, UBS Group increased their price objective on Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. One 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 stock. Based on data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average price target of $540.00.

Linde Company 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.