AXQ Capital LP Purchases 1,561 Shares of Linde PLC $LIN

AXQ Capital LP grew its position in Linde PLC (NASDAQ:LIN) by 179.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,433 shares of the basic materials company’s stock after buying an additional 1,561 shares during the quarter. AXQ Capital LP’s holdings in Linde were worth $1,037,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Blalock Williams LLC raised its holdings in shares of Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after acquiring an additional 22 shares in the last quarter. Mutual Advisors LLC grew its holdings in Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after acquiring an additional 22 shares in the last quarter. Binnacle Investments Inc increased its position in Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the period. Baldwin Wealth Partners LLC MA increased its position in Linde by 3.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock valued at $303,000 after purchasing an additional 23 shares during the period. Finally, Mayport LLC raised its holdings in shares of Linde by 4.8% in the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company’s stock valued at $215,000 after purchasing an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Transactions at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the sale, the vice president 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares of the company’s stock, 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. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Royal Bank Of Canada increased their target price on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, UBS Group reaffirmed a “buy” rating and set a $600.00 price objective on shares of Linde in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $541.91.

Linde Price Performance

Shares of LIN opened at $495.91 on Wednesday. The company has a market cap of $229.28 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 3.12 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The company has a 50 day moving average of $501.45 and a two-hundred day moving average of $466.12.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the prior year, the firm posted $3.95 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

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.