Linde PLC $LIN Shares Acquired by DoubleLine ETF Adviser LP

DoubleLine ETF Adviser LP increased its stake in shares of Linde PLC (NASDAQ:LIN) by 3.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,904 shares of the basic materials company’s stock after buying an additional 1,026 shares during the quarter. Linde comprises approximately 4.0% of DoubleLine ETF Adviser LP’s investment portfolio, making the stock its 2nd biggest holding. DoubleLine ETF Adviser LP’s holdings in Linde were worth $13,254,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of Linde during the fourth quarter worth about $2,752,000. Revolve Wealth Partners LLC increased its holdings in Linde by 14.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after buying an additional 96 shares during the period. Sivia Capital Partners LLC increased its holdings in Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after buying an additional 259 shares during the period. Schnieders Capital Management LLC. raised its position in Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after buying an additional 145 shares during the last quarter. Finally, Empower Advisory Group LLC raised its position in Linde by 9.2% during the 2nd quarter. Empower Advisory Group LLC now owns 271,618 shares of the basic materials company’s stock worth $127,438,000 after buying an additional 22,886 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Price Performance

Shares of NASDAQ LIN opened at $493.92 on Friday. 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 stock has a market capitalization of $228.88 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 3.25 and a beta of 0.82. The firm’s 50 day simple moving average is $467.63 and its 200-day simple moving average is $450.27. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the previous year, the business posted $3.97 EPS. The business’s revenue was up 6.3% compared to the same quarter last year. 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 EPS for the current year.

Linde Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Linde’s previous quarterly dividend of $1.50. Linde’s payout ratio is currently 43.87%.

Analysts Set New Price Targets

LIN has been the topic of several recent research reports. Royal Bank Of Canada dropped their price objective on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Citigroup boosted their target price on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a report on Tuesday, February 10th. UBS Group reaffirmed a “buy” rating on shares of Linde in a research report on Wednesday. Finally, Morgan Stanley reiterated an “overweight” rating and set a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Linde has an average rating of “Buy” and an average price target of $515.20.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president directly owned 22,138 shares in the company, valued at $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 20,332 shares of company stock worth $9,749,257 in the last quarter. 0.70% of the stock is currently owned by company insiders.

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.