Capital International Ltd. CA Buys 2,992 Shares of Linde PLC $LIN

Capital International Ltd. CA boosted its stake in Linde PLC (NASDAQ:LIN) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,588 shares of the basic materials company’s stock after acquiring an additional 2,992 shares during the period. Capital International Ltd. CA’s holdings in Linde were worth $21,997,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Capital International Investors boosted its holdings in Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after acquiring an additional 1,275,477 shares in the last quarter. Havemeyer Place LP bought a new stake in Linde in the fourth quarter valued at $305,000. Ramirez Asset Management Inc. boosted its holdings in Linde by 1.4% in the fourth quarter. Ramirez Asset Management Inc. now owns 11,967 shares of the basic materials company’s stock valued at $5,103,000 after acquiring an additional 166 shares in the last quarter. 111 Capital boosted its holdings in Linde by 105.4% in the fourth quarter. 111 Capital now owns 4,931 shares of the basic materials company’s stock valued at $2,103,000 after acquiring an additional 2,530 shares in the last quarter. Finally, MCF Advisors LLC boosted its holdings in Linde by 161.8% in the fourth quarter. MCF Advisors LLC now owns 377 shares of the basic materials company’s stock valued at $161,000 after acquiring an additional 233 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the topic of a number of research reports. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Royal Bank Of Canada boosted their target price on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price on shares of Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $575.00 target price on shares of Linde in a report on Monday, May 4th. 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. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $541.91.

Insider Transactions at Linde

In related news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the transaction, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.30% of the company’s stock.

Linde Stock Performance

Shares of Linde stock opened at $507.90 on Friday. The stock 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. The firm’s 50-day moving average is $503.06 and its 200 day moving average is $468.02. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. 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 (NASDAQ:LIN) last announced its quarterly 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. The company had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $1.60 dividend. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s payout ratio is presently 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.