Linde PLC $LIN Holdings Lowered by Waterloo Capital L.P.

Waterloo Capital L.P. trimmed its stake in shares of Linde PLC (NASDAQ:LIN) by 42.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,096 shares of the basic materials company’s stock after selling 1,525 shares during the quarter. Waterloo Capital L.P.’s holdings in Linde were worth $894,000 as of its most recent filing with the Securities and 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 stake in shares of Linde during the 4th quarter worth about $2,752,000. Revolve Wealth Partners LLC raised its position in shares of 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 raised its position in shares of Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after buying an additional 259 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC grew 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 worth $2,639,000 after purchasing an additional 175 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Insider Activity at Linde

In other news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at approximately $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. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

LIN has been the topic of several recent research reports. Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Citigroup lifted their price objective on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada lifted their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Linde presently has an average rating of “Buy” and an average price target of $540.00.

Linde Stock Performance

Shares of LIN opened at $497.69 on Monday. The firm’s 50 day moving average is $501.29 and its 200-day moving average is $465.62. The stock has a market capitalization of $230.11 billion, a P/E ratio of 33.05, a P/E/G ratio of 3.12 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 12-month low of $387.78 and a 12-month high of $521.28.

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

Linde Announces Dividend

The company 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 $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.

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.