Compagnie Lombard Odier SCmA Purchases 10,235 Shares of Linde PLC $LIN

Compagnie Lombard Odier SCmA raised its position in shares of Linde PLC (NASDAQ:LIN) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 430,709 shares of the basic materials company’s stock after purchasing an additional 10,235 shares during the period. Linde makes up approximately 2.0% of Compagnie Lombard Odier SCmA’s investment portfolio, making the stock its 13th biggest position. Compagnie Lombard Odier SCmA’s holdings in Linde were worth $183,650,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of Linde during the 2nd quarter worth $25,000. Marquette Asset Management LLC acquired a new position in shares of Linde during the third quarter worth $27,000. YANKCOM Partnership lifted its stake in shares of Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde during the 3rd quarter valued at $29,000. Finally, Saranac Partners Ltd acquired a new stake in shares of Linde during the 3rd quarter valued at $29,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LIN. Royal Bank Of Canada lowered their target price on Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Morgan Stanley restated an “overweight” rating and set a $530.00 price target on shares of Linde in a report on Friday, February 6th. Mizuho set a $525.00 price objective on Linde in a research note on Friday, February 6th. CICC Research initiated coverage on shares of Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective for the company. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. 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 stock. According to MarketBeat.com, Linde presently has an average rating of “Buy” and a consensus price target of $515.20.

Insider Activity

In other news, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction 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 completion of the sale, the vice president owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company’s stock.

Linde Stock Down 0.4%

Shares of NASDAQ:LIN opened at $493.83 on Thursday. The firm has a market cap of $228.84 billion, a P/E ratio of 33.85, a P/E/G ratio of 3.26 and a beta of 0.78. 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 12-month low of $387.78 and a 12-month high of $510.65. The business has a fifty day simple moving average of $481.20 and a 200 day simple moving average of $451.58.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the previous year, the company posted $3.97 EPS. The business’s revenue was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Analysts predict that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a dividend of $1.60 per share. This is a boost from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, March 11th. Linde’s payout ratio is 43.87%.

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.