Capital World Investors Sells 506,618 Shares of Linde PLC $LIN

Capital World Investors cut its holdings in Linde PLC (NASDAQ:LIN) by 4.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,552,427 shares of the basic materials company’s stock after selling 506,618 shares during the quarter. Capital World Investors owned 2.26% of Linde worth $5,012,524,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of LIN. Darwin Wealth Management LLC bought a new position in shares of Linde in the 2nd quarter valued at about $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde in the 3rd quarter worth about $27,000. YANKCOM Partnership grew its holdings in Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the last quarter. Guerra Advisors Inc bought a new position in Linde during the 3rd quarter valued at about $30,000. Finally, Caitlin John LLC purchased a new stake in Linde in the 3rd quarter worth about $32,000. Institutional investors own 82.80% of the company’s stock.

Linde Trading Down 0.2%

Shares of NASDAQ LIN opened at $483.62 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The business has a fifty day simple moving average of $462.96 and a two-hundred day simple moving average of $449.90. The firm has a market cap of $224.10 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 3.18 and a beta of 0.82. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be issued 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 Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is currently 41.12%.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the transaction, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

LIN has been the subject of several analyst reports. Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. CICC Research started coverage on Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target on the stock. UBS Group raised their price target on Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $508.20.

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.