Barclays PLC Sells 224,450 Shares of Linde PLC $LIN

Barclays PLC cut its stake in Linde PLC (NASDAQ:LIN) by 9.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,090,993 shares of the basic materials company’s stock after selling 224,450 shares during the quarter. Barclays PLC owned about 0.45% of Linde worth $891,579,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in Linde in the 2nd quarter worth $25,000. Triumph Capital Management raised its holdings in Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 27 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the 3rd quarter worth $29,000. Saranac Partners Ltd bought a new position in Linde in the 3rd quarter worth $29,000. Finally, Strengthening Families & Communities LLC increased its stake in shares of Linde by 134.5% in the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 39 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Up 1.6%

Shares of Linde stock opened at $523.57 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company has a 50-day moving average of $504.86 and a 200 day moving average of $471.51. The firm has a market cap of $242.07 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.29 and a beta of 0.72. Linde PLC has a 1 year low of $387.78 and a 1 year high of $525.82.

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

Linde Announces Dividend

The business 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 dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Wall Street Analyst Weigh In

LIN has been the subject of several research reports. Royal Bank Of Canada increased their price target 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. UBS Group reiterated a “buy” rating and issued a $600.00 price target on shares of Linde in a research note on Tuesday, June 2nd. Seaport Research Partners increased 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 upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Finally, Citigroup increased 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 investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $541.91.

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.