BW Gestao de Investimentos Ltda. Takes Position in Linde PLC $LIN

BW Gestao de Investimentos Ltda. bought a new stake in Linde PLC (NASDAQ:LIN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 48,000 shares of the basic materials company’s stock, valued at approximately $20,467,000. Linde accounts for about 0.5% of BW Gestao de Investimentos Ltda.’s portfolio, making the stock its 25th biggest position.

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

Analyst Upgrades and Downgrades

LIN has been the topic of several recent analyst reports. Seaport Research Partners raised their price target 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. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Citigroup raised their price target on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. One equities research 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $540.00.

Linde Stock Down 0.1%

NASDAQ:LIN opened at $497.41 on Tuesday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The stock has a market capitalization of $229.98 billion, a P/E ratio of 33.03, a P/E/G ratio of 3.12 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company’s 50-day simple moving average is $501.45 and its 200-day simple moving average is $466.12.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion for the quarter, compared to analysts’ expectations of $8.60 billion. During the same period last year, the business earned $3.95 EPS. The company’s revenue was up 8.2% compared to the same quarter last year. 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, equities analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

Insider Transactions at Linde

In related news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares of the company’s stock, valued at $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is currently owned by company insiders.

Linde Company 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.