Coldstream Capital Management Inc. Lowers Holdings in Linde PLC $LIN

Coldstream Capital Management Inc. decreased its position in Linde PLC (NASDAQ:LIN) by 8.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,496 shares of the basic materials company’s stock after selling 1,483 shares during the period. Coldstream Capital Management Inc.’s holdings in Linde were worth $7,034,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in shares of Linde in the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Linde in the third quarter valued at approximately $29,000. Saranac Partners Ltd purchased a new stake in shares of Linde in the third quarter valued at approximately $29,000. Strengthening Families & Communities LLC boosted its holdings in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. Finally, Guerra Advisors Inc purchased a new stake in shares of Linde in the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $517.58 on Friday. The company has a market capitalization of $239.30 billion, a price-to-earnings ratio of 34.37, a price-to-earnings-growth ratio of 3.25 and a beta of 0.73. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average of $499.78 and a 200 day moving average of $462.12.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the firm posted $3.95 earnings per share. Linde’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. On average, sell-side analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Insider Buying and Selling at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of Linde 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 transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction 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 completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

LIN has been the subject of a number of research reports. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Citigroup boosted their price target on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada boosted their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $540.00.

About Linde

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.