Trek Financial LLC Makes New Investment in Linde PLC $LIN

Trek Financial LLC acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the 4th quarter, Holdings Channel.com reports. The firm acquired 3,563 shares of the basic materials company’s stock, valued at approximately $1,519,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd boosted its stake in Linde by 10.8% during the 4th quarter. Swiss Life Asset Management Ltd now owns 129,110 shares of the basic materials company’s stock worth $55,051,000 after acquiring an additional 12,600 shares during the last quarter. ABN AMRO Bank N.V. boosted its stake in Linde by 3.5% during the 4th quarter. ABN AMRO Bank N.V. now owns 520,179 shares of the basic materials company’s stock worth $221,132,000 after acquiring an additional 17,702 shares during the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in Linde by 3.5% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 917 shares of the basic materials company’s stock worth $391,000 after acquiring an additional 31 shares during the last quarter. Advisor OS LLC boosted its stake in Linde by 8.1% during the 4th quarter. Advisor OS LLC now owns 1,076 shares of the basic materials company’s stock worth $459,000 after acquiring an additional 81 shares during the last quarter. Finally, NewEdge Wealth LLC boosted its stake in Linde by 88.3% during the 4th quarter. NewEdge Wealth LLC now owns 11,930 shares of the basic materials company’s stock worth $5,087,000 after acquiring an additional 5,593 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Linde news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred 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 owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This represents a 44.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction that occurred on 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 transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. Insiders own 0.30% of the company’s stock.

Linde Price Performance

NASDAQ LIN opened at $503.87 on Wednesday. The business has a 50 day simple moving average of $496.61 and a 200 day simple moving average of $458.17. Linde PLC has a 52-week low of $387.78 and a 52-week 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 has a market cap of $232.96 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 3.17 and a beta of 0.73.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (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 business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the business earned $3.95 EPS. Linde’s revenue for the quarter 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. Analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 yield of 1.3%. Linde’s dividend payout ratio is 42.50%.

Analysts Set New Price Targets

Several research analysts recently weighed in on LIN shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Weiss Ratings lowered shares of Linde from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, April 29th. Morgan Stanley reissued an “overweight” rating and set a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research note on Tuesday, February 10th. Finally, Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $540.00.

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.