CI Investments Inc. Buys 2,482 Shares of Linde PLC $LIN

CI Investments Inc. lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,569 shares of the basic materials company’s stock after purchasing an additional 2,482 shares during the quarter. CI Investments Inc.’s holdings in Linde were worth $15,945,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new stake in shares of Linde during the second quarter valued at about $25,000. Marquette Asset Management LLC purchased a new position in Linde during the third quarter valued at approximately $27,000. YANKCOM Partnership increased its holdings in Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares during the period. Guerra Advisors Inc purchased a new stake in Linde in the 3rd quarter worth approximately $30,000. Finally, Caitlin John LLC purchased a new stake in Linde in the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

LIN has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a report on Friday, February 6th. CICC Research started coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Citigroup upped their target price on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $508.20.

Linde Trading Down 1.5%

NASDAQ LIN opened at $501.68 on Wednesday. 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 stock’s 50-day simple moving average is $457.67 and its two-hundred day simple moving average is $449.65. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The company has a market capitalization of $232.47 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 3.35 and a beta of 0.82.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.Linde’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $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. Research analysts forecast that Linde PLC will post 16.54 EPS 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 issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend 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 presently 41.12%.

Insider Activity

In other news, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction 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 completion of the sale, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.70% of the company’s stock.

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.