Annex Advisory Services LLC Sells 79,045 Shares of Linde PLC $LIN

Key Points

• Annex Advisory Services trimmed its stake in Linde by 91.7%, selling 79,045 shares in Q4 and leaving 7,183 shares valued at about $3.06 million.
• Company insiders sold a total of 20,332 shares worth $9.75 million
• Linde raised its quarterly dividend to $1.60 ($6.40 annualized, 1.3% yield) and reported a slight Q4 EPS beat ($4.20 vs. $4.18) while issuing FY2026 EPS guidance of 17.40–17.90; analysts’ consensus target is about $521.60 with UBS boosting its target to $579.

Annex Advisory Services LLC trimmed its holdings in shares of Linde PLC (NASDAQ:LIN - Free Report) by 91.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,183 shares of the basic materials company's stock after selling 79,045 shares during the quarter. Annex Advisory Services LLC's holdings in Linde were worth $3,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in LIN. Darwin Wealth Management LLC bought a new stake in shares of Linde in the second quarter valued at about $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde in the third quarter valued at about $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the third quarter valued at about $29,000. YANKCOM Partnership raised its holdings in shares of Linde by 195.2% in the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company's stock valued at $29,000 after acquiring an additional 41 shares in the last quarter. Finally, Guerra Advisors Inc bought a new position in Linde in the third quarter worth about $30,000. 82.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the transaction, the vice president owned 22,138 shares in the company, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the 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 transaction, the executive vice president directly owned 8,151 shares of the company's stock, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,332 shares of company stock worth $9,749,257 in the last quarter. Insiders own 0.70% of the company's stock.

Linde Trading Down 0.3%

Linde stock opened at $497.94 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. The stock's 50 day simple moving average is $490.14 and its two-hundred day simple moving average is $453.33. The firm has a market cap of $230.74 billion, a PE ratio of 34.13, a P/E/G ratio of 3.28 and a beta of 0.78.

Linde (NASDAQ:LIN - Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the prior year, the firm posted $3.97 EPS. The business's quarterly revenue was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were given a dividend of $1.60 per share. This is a positive change from Linde's previous quarterly dividend of $1.50. The ex-dividend date was Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde's payout ratio is 43.87%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LIN shares. UBS Group boosted their target price on shares of Linde from $550.00 to $579.00 and gave the stock a "buy" rating in a report on Thursday, April 9th. Morgan Stanley restated an "overweight" rating and set a $530.00 price target on shares of Linde in a research note on Friday, February 6th. Weiss Ratings upgraded Linde from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 18th. BMO Capital Markets restated an "outperform" rating on shares of Linde in a research note on Tuesday, February 10th. Finally, DZ Bank lowered Linde from a "buy" rating to a "hold" rating and set a $460.00 price target on the stock. in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $521.60.

Linde 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.

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