Eurizon SLJ Capital Ltd Takes $532,000 Position in Linde PLC $LIN

Eurizon SLJ Capital Ltd bought a new stake in shares of Linde PLC (NASDAQ:LIN) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,247 shares of the basic materials company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also made changes to their positions in LIN. Brighton Jones LLC acquired a new stake in shares of Linde during the 4th quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC raised its position in shares of Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after acquiring an additional 259 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock valued at $421,000 after acquiring an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC raised its position in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock valued at $2,639,000 after acquiring an additional 175 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the transaction, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

LIN has been the topic of several research reports. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. UBS Group upped their price target on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $560.00 target price on shares of Linde in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $540.00.

Linde Price Performance

Shares of NASDAQ LIN opened at $497.69 on Friday. 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. The business’s fifty day moving average price is $501.29 and its two-hundred day moving average price is $465.31. The firm has a market capitalization of $230.11 billion, a PE ratio of 33.05, a P/E/G ratio of 3.15 and a beta of 0.73.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same period last year, the company earned $3.95 earnings per share. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is currently 42.50%.

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.