111 Capital Purchases 1,907 Shares of Linde PLC $LIN

111 Capital boosted its position in shares of Linde PLC (NASDAQ:LIN) by 386.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,401 shares of the basic materials company’s stock after buying an additional 1,907 shares during the quarter. 111 Capital’s holdings in Linde were worth $1,140,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Elo Mutual Pension Insurance Co lifted its holdings in Linde by 1.5% in the third quarter. Elo Mutual Pension Insurance Co now owns 36,858 shares of the basic materials company’s stock valued at $17,508,000 after buying an additional 535 shares during the period. Omega Financial Group LLC bought a new stake in shares of Linde during the 3rd quarter valued at $240,000. Fisher Asset Management LLC lifted its stake in shares of Linde by 5.0% in the 3rd quarter. Fisher Asset Management LLC now owns 238,878 shares of the basic materials company’s stock valued at $113,467,000 after purchasing an additional 11,472 shares during the period. Journey Strategic Wealth LLC boosted its position in shares of Linde by 9.1% in the 3rd quarter. Journey Strategic Wealth LLC now owns 5,219 shares of the basic materials company’s stock worth $2,479,000 after purchasing an additional 436 shares during the last quarter. Finally, Bahl & Gaynor Inc. grew its stake in shares of Linde by 8.3% during the third quarter. Bahl & Gaynor Inc. now owns 8,947 shares of the basic materials company’s stock worth $4,250,000 after purchasing an additional 688 shares during the period. Institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on LIN shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $516.00 target price on shares of Linde in a report on Monday, November 3rd. Finally, Citigroup lifted their price target on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $508.20.

Insider Buying and Selling at Linde

In related news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction dated 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 completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is owned by corporate insiders.

Linde Stock Up 1.9%

Linde stock opened at $508.08 on Monday. The company has a 50 day moving average of $454.42 and a 200-day moving average of $449.27. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The stock has a market capitalization of $235.44 billion, a PE ratio of 34.82, a price-to-earnings-growth ratio of 3.34 and a beta of 0.82.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the business posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, equities research analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. Linde’s dividend payout ratio is presently 41.12%.

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.