Capital Asset Advisory Services LLC Has $4.37 Million Stake in Linde PLC $LIN

Capital Asset Advisory Services LLC lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 14.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,005 shares of the basic materials company’s stock after acquiring an additional 1,262 shares during the period. Capital Asset Advisory Services LLC’s holdings in Linde were worth $4,374,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of LIN. Norges Bank acquired a new stake in Linde in the second quarter worth $3,098,772,000. SG Americas Securities LLC raised its holdings in shares of Linde by 10,454.4% during the fourth quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after purchasing an additional 2,401,894 shares during the period. Lazard Asset Management LLC bought a new position in shares of Linde during the 3rd quarter worth about $453,274,000. Assenagon Asset Management S.A. boosted its position in shares of Linde by 82.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock worth $799,543,000 after purchasing an additional 760,954 shares in the last quarter. Finally, Danske Bank A S acquired a new stake in shares of Linde in the 3rd quarter valued at about $260,822,000. 82.80% of the stock is owned by institutional investors.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. 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 firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 20,332 shares of company stock worth $9,749,257. Company insiders own 0.70% of the company’s stock.

Linde Price Performance

LIN stock opened at $478.05 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The business has a 50-day simple moving average of $473.72 and a two-hundred day simple moving average of $450.60. The company has a market capitalization of $221.52 billion, a P/E ratio of 32.77, a price-to-earnings-growth ratio of 3.21 and a beta of 0.82. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65.

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 the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same period in the prior year, the business posted $3.97 earnings per share. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. 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 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is 43.87%.

Wall Street Analyst Weigh In

LIN has been the subject of a number of research analyst reports. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. CICC Research started coverage on Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective for the company. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Royal Bank Of Canada cut their target price on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Finally, Citigroup lifted their price target on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $515.20.

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.