J. Safra Sarasin Holding AG increased its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 3.0% in the 4th quarter, Holdings Channel reports. The fund owned 83,262 shares of the basic materials company’s stock after purchasing an additional 2,408 shares during the period. J. Safra Sarasin Holding AG’s holdings in Linde were worth $35,493,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC increased its holdings in shares of Linde by 10,454.4% in the 4th quarter. SG Americas Securities LLC now owns 2,424,869 shares of the basic materials company’s stock valued at $1,033,940,000 after purchasing an additional 2,401,894 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of Linde in the third quarter worth approximately $453,274,000. Assenagon Asset Management S.A. boosted its holdings in shares of Linde by 82.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock worth $799,543,000 after purchasing an additional 760,954 shares during the period. Danske Bank A S acquired a new stake in shares of Linde during the third quarter worth approximately $260,822,000. Finally, Nordea Investment Management AB grew its position in Linde by 34.5% during the fourth quarter. Nordea Investment Management AB now owns 2,124,882 shares of the basic materials company’s stock valued at $910,129,000 after purchasing an additional 544,850 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Linde
In other Linde news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction dated 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 sale, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by company insiders.
Linde Trading Up 1.7%
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share 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 analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, 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 was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, March 11th. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is presently 43.87%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on LIN shares. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research note on Tuesday, February 10th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. Citigroup increased their price objective on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $515.20.
Check Out Our Latest Stock Analysis on Linde
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.
Further Reading
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