Blackhawk Capital Partners LLC Acquires New Position in Linde PLC $LIN

Blackhawk Capital Partners LLC acquired a new stake in Linde PLC (NASDAQ:LIN) during the fourth quarter, Holdings Channel.com reports. The fund acquired 1,089 shares of the basic materials company’s stock, valued at approximately $464,000.

A number of other hedge funds have also added to or reduced their stakes in LIN. S.E.E.D. Planning Group LLC boosted its position in Linde by 8.9% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after buying an additional 2,234 shares in the last quarter. Caprock Group LLC acquired a new stake in Linde in the third quarter valued at approximately $4,243,000. Temasek Holdings Private Ltd boosted its position in Linde by 45.5% in the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after buying an additional 73,850 shares in the last quarter. National Pension Service boosted its position in Linde by 2.6% in the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after buying an additional 24,624 shares in the last quarter. Finally, Boston Trust Walden Corp boosted its position in Linde by 143.4% in the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after buying an additional 8,863 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction 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 transaction, the executive vice president 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,332 shares of company stock valued at $9,749,257 in the last three months. 0.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LIN shares. Seaport Research Partners raised their target price on shares of Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. Royal Bank Of Canada raised their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. UBS Group raised their target price on shares of Linde from $550.00 to $579.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Finally, DZ Bank lowered 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $540.00.

Linde Price Performance

Shares of NASDAQ LIN opened at $504.40 on Tuesday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The firm has a fifty day simple moving average of $496.69 and a 200 day simple moving average of $457.79. The company has a market capitalization of $233.21 billion, a PE ratio of 33.49, a P/E/G ratio of 3.10 and a beta of 0.73. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter last year, the firm earned $3.95 earnings per share. Linde’s quarterly revenue was up 8.2% on a year-over-year basis. 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, sell-side analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th 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 of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is currently 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.