5,450 Shares in Linde PLC $LIN Purchased by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. acquired a new stake in Linde PLC (NASDAQ:LIN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,450 shares of the basic materials company’s stock, valued at approximately $2,324,000.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC bought a new position in Linde in the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC lifted its holdings in Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after buying an additional 259 shares during the last quarter. Schnieders Capital Management LLC. increased its stake in shares of Linde by 19.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after buying an additional 145 shares during the period. Finally, Gabelli Funds LLC increased its stake in shares of Linde by 3.2% in the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after buying an additional 175 shares during the period. 82.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LIN. Citigroup upped their price target on Linde from $545.00 to $580.00 and gave the company a “buy” rating in a research note on Monday, April 13th. JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $455.00 to $525.00 in a research report on Friday, March 13th. UBS Group boosted 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. DZ Bank downgraded shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research report on Tuesday, February 10th. Finally, Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $521.60.

Insider Activity

In other news, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock valued at $9,749,257 over the last 90 days. Corporate insiders own 0.70% of the company’s stock.

Linde Stock Performance

Shares of Linde stock opened at $492.23 on Friday. The firm has a fifty day moving average of $491.81 and a two-hundred day moving average of $453.61. 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 has a market capitalization of $228.09 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 3.28 and a beta of 0.78. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same period last year, the company earned $3.97 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. 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 research analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio is presently 43.87%.

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.