Malaga Cove Capital LLC Makes New $577,000 Investment in Linde PLC $LIN

Malaga Cove Capital LLC bought a new position in Linde PLC (NASDAQ:LIN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,353 shares of the basic materials company’s stock, valued at approximately $577,000.

A number of other hedge funds also recently made changes to their positions in LIN. SG Americas Securities LLC raised its holdings in shares of Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after buying an additional 2,401,894 shares during the last quarter. Lazard Asset Management LLC bought a new stake in Linde during the 3rd quarter valued at $453,274,000. Danske Bank A S bought a new stake in Linde during the 3rd quarter valued at $260,822,000. Nordea Investment Management AB raised its stake in Linde by 34.5% during the 4th quarter. Nordea Investment Management AB now owns 2,124,882 shares of the basic materials company’s stock valued at $910,129,000 after acquiring an additional 544,850 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in Linde during the 3rd quarter valued at $206,747,000. Institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LIN shares. Morgan Stanley reaffirmed 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 raised Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research note on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 target price on shares of Linde in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Linde has an average rating of “Buy” and an average target price of $540.00.

Linde Stock Down 0.5%

LIN opened at $514.97 on Wednesday. Linde PLC has a one year low of $387.78 and a one year high of $521.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock’s fifty day moving average is $500.74 and its 200-day moving average is $463.85. The company has a market capitalization of $238.10 billion, a PE ratio of 34.19, a P/E/G ratio of 3.25 and a beta of 0.73.

Linde (NASDAQ:LIN) last posted its quarterly earnings data 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 company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the business earned $3.95 EPS. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, equities analysts predict 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 given a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. Linde’s payout ratio is 42.50%.

Insiders Place Their Bets

In other news, EVP Sean Durbin sold 6,520 shares of the business’s 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 directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Guillermo Bichara sold 4,357 shares of the business’s 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 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. 0.30% of the stock is owned by insiders.

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.