15,643 Shares in Linde PLC $LIN Acquired by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Linde PLC (NASDAQ:LIN) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,643 shares of the basic materials company’s stock, valued at approximately $6,670,000.

Several other large investors also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC purchased a new stake in Linde in the 2nd quarter valued at $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Linde in the 3rd quarter valued at $29,000. Saranac Partners Ltd purchased a new stake in Linde in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC grew its holdings in shares of Linde by 134.5% during the 4th 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 purchased a new position in shares of Linde during the 3rd quarter worth $30,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

LIN stock opened at $506.07 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The firm has a market capitalization of $233.98 billion, a P/E ratio of 33.60, a P/E/G ratio of 3.21 and a beta of 0.73. The business’s 50-day moving average is $497.87 and its two-hundred day moving average is $460.51.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share 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 business had revenue of $8.78 billion for the quarter, compared to analyst estimates of $8.60 billion. During the same quarter last year, the company earned $3.95 EPS. The business’s quarterly revenue 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. Analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors 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 payout ratio is 42.50%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIN. Morgan Stanley reiterated an “overweight” rating and set a $530.00 price target on shares of Linde in a report on Friday, February 6th. BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price target on shares of Linde in a report on Tuesday, May 5th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $575.00 price target on shares of Linde in a report on Monday, May 4th. Finally, Seaport Research Partners increased their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. One equities research 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 company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $540.00.

Insider Buying and Selling

In related news, EVP Sean Durbin sold 6,520 shares of Linde 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 sale, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were 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 in the company, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is owned by insiders.

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.