Vise Technologies Inc. Buys 3,202 Shares of Linde PLC $LIN

Vise Technologies Inc. increased its stake in Linde PLC (NASDAQ:LINFree Report) by 32.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,107 shares of the basic materials company’s stock after acquiring an additional 3,202 shares during the period. Vise Technologies Inc.’s holdings in Linde were worth $5,588,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Linde by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after acquiring an additional 354,800 shares during the last quarter. State Street Corp lifted its stake in shares of Linde by 0.9% in the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after acquiring an additional 172,162 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Linde by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after acquiring an additional 35,945 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Linde by 0.9% in the 3rd quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock valued at $4,431,639,000 after acquiring an additional 83,236 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Linde in the 4th quarter valued at about $3,246,750,000. Institutional investors own 82.80% of the company’s stock.

Linde Stock Up 0.1%

LIN stock opened at $507.90 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The business’s 50 day moving average price is $503.06 and its two-hundred day moving average price is $468.02. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market capitalization of $234.83 billion, a price-to-earnings ratio of 33.73, a price-to-earnings-growth ratio of 3.19 and a beta of 0.72.

Linde (NASDAQ:LINGet Free Report) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the business earned $3.95 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. 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, analysts forecast that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s dividend payout ratio is 42.50%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of recent research reports. BMO Capital Markets reissued an “outperform” rating and issued a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Seaport Research Partners boosted their target price on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Citigroup upped their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price target on shares of Linde in a research report 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 given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $541.91.

Get Our Latest Research Report on LIN

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 completion of the sale, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by corporate insiders.

Linde Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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