Wealth Enhancement Advisory Services LLC Raises Holdings in Linde PLC $LIN
by Sarita Garza · The Markets DailyWealth Enhancement Advisory Services LLC boosted its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 6.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 81,554 shares of the basic materials company’s stock after acquiring an additional 5,003 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Linde were worth $35,887,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also bought and sold shares of LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter valued at about $25,000. Marquette Asset Management LLC purchased a new position in shares of Linde in the third quarter worth approximately $27,000. YANKCOM Partnership grew its position in Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after buying an additional 41 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in Linde during the third quarter valued at approximately $29,000. Finally, Saranac Partners Ltd purchased a new stake in Linde during the third quarter valued at approximately $29,000. Institutional investors own 82.80% of the company’s stock.
Wall Street Analysts Forecast Growth
LIN has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $530.00 price target on shares of Linde in a research note on Friday, February 6th. CICC Research assumed coverage on Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price on the stock. UBS Group reiterated a “buy” rating on shares of Linde in a research report on Wednesday, March 11th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Tuesday, February 10th. Finally, Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $515.20.
Check Out Our Latest Stock Analysis on LIN
Insider Transactions at Linde
In related news, EVP Sean Durbin sold 6,520 shares of the stock in a transaction dated 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 completion of the sale, the executive vice president owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade 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 hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the sale, the vice president directly owned 22,138 shares in the company, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, 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 Performance
LIN opened at $478.05 on Tuesday. The company has a 50 day simple moving average of $473.72 and a two-hundred day simple moving average of $450.60. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The firm has a market cap of $221.52 billion, a P/E ratio of 32.77, a PEG ratio of 3.21 and a beta of 0.82. Linde PLC has a 1-year low of $387.78 and a 1-year high of $510.65.
Linde (NASDAQ:LIN – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.
Linde Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be given a $1.60 dividend. The ex-dividend date is Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 43.87%.
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.
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