Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 3,987 Shares of Linde PLC $LIN

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Linde PLC (NASDAQ:LIN) by 3.5% in the 4th quarter, Holdings Channel reports. The fund owned 108,615 shares of the basic materials company’s stock after selling 3,987 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Linde were worth $46,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in Linde in the second quarter worth $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Linde in the third quarter worth $29,000. Saranac Partners Ltd bought a new position in Linde in the third quarter worth $29,000. Strengthening Families & Communities LLC lifted its position in Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares during the period. Finally, Guerra Advisors Inc bought a new position in Linde in the third quarter worth $30,000. 82.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction on 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 directly owned 22,138 shares in the company, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were 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 of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Citigroup raised their target price on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Seaport Research Partners raised their target price on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 target price on shares of Linde in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Finally, Mizuho set a $525.00 target price on Linde in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $540.00.

Linde Stock Performance

Linde stock opened at $497.69 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 stock has a fifty day moving average price of $501.29 and a two-hundred day moving average price of $465.31. Linde PLC has a 52-week low of $387.78 and a 52-week high of $521.28. The firm has a market capitalization of $230.11 billion, a P/E ratio of 33.05, a P/E/G ratio of 3.12 and a beta of 0.73.

Linde (NASDAQ:LIN) last released its quarterly earnings data 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. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.60 billion. During the same period in the prior year, the company posted $3.95 earnings per share. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. 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 anticipate that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a $1.60 dividend. 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 (DPR) is 42.50%.

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.