Dakota Wealth Management Sells 1,667 Shares of Linde PLC $LIN

Dakota Wealth Management cut its holdings in shares of Linde PLC (NASDAQ:LIN) by 48.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,782 shares of the basic materials company’s stock after selling 1,667 shares during the quarter. Dakota Wealth Management’s holdings in Linde were worth $846,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Cvfg LLC boosted its stake in shares of Linde by 6.3% in the third quarter. Cvfg LLC now owns 850 shares of the basic materials company’s stock valued at $404,000 after buying an additional 50 shares during the period. Portland Global Advisors LLC acquired a new position in Linde in the 3rd quarter valued at $299,000. EverSource Wealth Advisors LLC lifted its position in shares of Linde by 5.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 4,511 shares of the basic materials company’s stock valued at $2,142,000 after acquiring an additional 238 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in shares of Linde by 12.4% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,573 shares of the basic materials company’s stock valued at $747,000 after acquiring an additional 174 shares during the period. Finally, Legacy Financial Advisors Inc. grew its holdings in shares of Linde by 18.7% during the 3rd quarter. Legacy Financial Advisors Inc. now owns 2,428 shares of the basic materials company’s stock worth $1,153,000 after purchasing an additional 383 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Trading Down 1.9%

NASDAQ LIN opened at $498.51 on Friday. The company has a market cap of $232.78 billion, a price-to-earnings ratio of 34.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.84. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The business’s fifty day moving average is $452.69 and its 200 day moving average is $449.36.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, sell-side analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be issued a $1.60 dividend. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is 41.12%.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. The trade was a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on LIN. Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research report on Tuesday, February 10th. Royal Bank Of Canada cut their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. UBS Group lifted their price objective on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 price objective on shares of Linde in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $508.20.

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.