Linde PLC $LIN Shares Bought by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Linde PLC (NASDAQ:LIN) by 279.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,373 shares of the basic materials company’s stock after purchasing an additional 1,747 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Linde were worth $1,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in LIN. SG Americas Securities LLC increased its position in Linde by 10,454.4% in the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock worth $1,033,940,000 after buying an additional 2,401,894 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Linde during the third quarter valued at $453,274,000. Assenagon Asset Management S.A. boosted its holdings in shares of Linde by 82.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock valued at $799,543,000 after acquiring an additional 760,954 shares during the period. Danske Bank A S bought a new position in shares of Linde during the third quarter worth about $260,822,000. Finally, Nordea Investment Management AB grew its position in shares of Linde by 34.5% during the fourth quarter. Nordea Investment Management AB now owns 2,124,882 shares of the basic materials company’s stock worth $910,129,000 after acquiring an additional 544,850 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of LIN opened at $502.60 on Friday. The firm has a market capitalization of $232.90 billion, a PE ratio of 34.45, a P/E/G ratio of 3.30 and a beta of 0.78. 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 firm has a 50-day moving average price of $483.36 and a 200 day moving average price of $452.12. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The company 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%. Linde’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, sell-side analysts anticipate that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a 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 currently 43.87%.

Insiders Place Their Bets

In other Linde news, 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 transaction of $3,111,800.40. Following the completion of the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of Linde 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 transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Mizuho set a $525.00 price objective on shares of Linde in a research report on Friday, February 6th. Citigroup raised their price target on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research note on Friday, February 6th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Morgan Stanley reiterated an “overweight” rating and set a $530.00 price objective on shares of Linde in a research report on Friday, February 6th. Finally, UBS Group reissued a “buy” rating on shares of Linde in a report on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde presently has a consensus 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.