111 Capital Boosts Stake in Linde PLC $LIN

111 Capital lifted its holdings in Linde PLC (NASDAQ:LIN) by 105.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,931 shares of the basic materials company’s stock after purchasing an additional 2,530 shares during the quarter. 111 Capital’s holdings in Linde were worth $2,103,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Linde by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after buying an additional 354,800 shares in the last quarter. State Street Corp boosted its stake in shares of Linde by 0.9% in the third quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after buying an additional 172,162 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Linde by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after buying an additional 35,945 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Linde by 0.9% in the third quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock valued at $4,431,639,000 after buying an additional 83,236 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Linde in the fourth quarter valued at approximately $3,246,750,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Linde 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 in the company, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was 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 currently owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research note on Tuesday, May 5th. UBS Group restated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research note on Tuesday, February 10th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $541.91.

Linde Stock Up 0.1%

LIN opened at $507.90 on Friday. The business’s fifty day moving average is $503.06 and its two-hundred day moving average is $468.02. 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 company has a market cap of $234.83 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 3.19 and a beta of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $521.28.

Linde (NASDAQ:LIN) last posted its earnings results 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. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.Linde’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The company also recently announced 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. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

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.