GW&K Investment Management LLC Sells 8,220 Shares of Linde PLC $LIN

GW&K Investment Management LLC trimmed its holdings in Linde PLC (NASDAQ:LIN) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,820 shares of the basic materials company’s stock after selling 8,220 shares during the period. GW&K Investment Management LLC’s holdings in Linde were worth $41,283,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Linde in the second quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in Linde in the third quarter worth approximately $29,000. Saranac Partners Ltd acquired a new stake in shares of Linde in the third quarter worth $29,000. Strengthening Families & Communities LLC lifted its stake in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after buying an additional 39 shares during the last quarter. Finally, High Note Wealth LLC lifted its stake in shares of Linde by 108.6% in the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating and issued a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. Citigroup boosted their price objective 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. UBS Group restated a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. 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. Finally, Royal Bank Of Canada boosted their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Linde presently has an average rating of “Buy” and a consensus target price of $541.91.

Linde Price Performance

Shares of Linde stock opened at $509.16 on Thursday. The firm has a fifty day simple moving average of $503.87 and a 200-day simple moving average of $470.42. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 1-year low of $387.78 and a 1-year high of $522.89. The stock has a market capitalization of $235.41 billion, a price-to-earnings ratio of 33.81, a PEG ratio of 3.24 and a beta of 0.72.

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

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio is presently 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.