Foguth Wealth Management LLC. Takes $507,000 Position in Linde PLC $LIN

Foguth Wealth Management LLC. purchased a new position in Linde PLC (NASDAQ:LIN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,181 shares of the basic materials company’s stock, valued at approximately $507,000.

Other hedge funds have also recently made changes to their positions in the company. First Financial Bank Trust Division boosted its position in Linde by 1,206.6% during the fourth quarter. First Financial Bank Trust Division now owns 6,533 shares of the basic materials company’s stock valued at $2,786,000 after purchasing an additional 6,033 shares in the last quarter. RIA Advisory Group LLC grew its stake in Linde by 14.1% in the third quarter. RIA Advisory Group LLC now owns 2,924 shares of the basic materials company’s stock valued at $1,389,000 after purchasing an additional 361 shares during the last quarter. Mirova raised its holdings in Linde by 10.6% in the third quarter. Mirova now owns 20,206 shares of the basic materials company’s stock worth $9,598,000 after purchasing an additional 1,937 shares in the last quarter. Hudson Bay Capital Management LP lifted its position in shares of Linde by 163.3% during the third quarter. Hudson Bay Capital Management LP now owns 1,718 shares of the basic materials company’s stock valued at $816,000 after buying an additional 4,432 shares during the last quarter. Finally, Saranac Partners Ltd purchased a new stake in shares of Linde during the third quarter valued at about $29,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of LIN stock opened at $489.80 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $510.65. The firm has a market capitalization of $226.97 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 3.21 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The stock’s 50-day simple moving average is $472.15 and its 200-day simple moving average is $450.80.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. Linde’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm 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. As a group, equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is currently 43.87%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. CICC Research initiated coverage on shares of Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target on the stock. UBS Group reissued a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. JPMorgan Chase & Co. upgraded shares of Linde from a “neutral” rating to an “overweight” rating and raised their target price for the company from $455.00 to $525.00 in a research note on Friday, March 13th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research report on Tuesday, February 10th. Two 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 stock. According to MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $515.20.

Insiders Place Their Bets

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction on 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction on 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 sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company’s stock.

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.