Assetmark Inc. Has $32.59 Million Position in Linde PLC $LIN

Key Points

• Assetmark Inc. boosted its stake in Linde by 20.2% in Q4, owning 76,441 shares valued at about $32.59 million after adding 12,837 shares.
• Linde beat Q4 estimates with $4.20 EPS (vs. $4.18 expected) and $8.76 billion in revenue (up 6.3% y/y), and issued Q1 2026 guidance of $4.20–4.30 EPS and FY2026 guidance of $17.40–17.90 EPS.
• The company raised its quarterly dividend to $1.60 (annualized $6.40, ~1.3% yield), insiders sold modestly in the quarter, and analysts maintain a consensus "Buy" with an average target near $521.60.

Assetmark Inc. increased its stake in shares of Linde PLC (NASDAQ:LIN - Free Report) by 20.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,441 shares of the basic materials company's stock after purchasing an additional 12,837 shares during the quarter. Assetmark Inc.'s holdings in Linde were worth $32,594,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Financial Enhancement Group LLC increased its position in Linde by 9.3% during the 4th quarter. Financial Enhancement Group LLC now owns 27,227 shares of the basic materials company's stock worth $11,962,000 after purchasing an additional 2,324 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Linde in the 4th quarter valued at $32,000. Third View Private Wealth LLC bought a new stake in shares of Linde in the 4th quarter valued at $3,592,000. HBW Advisory Services LLC boosted its stake in shares of Linde by 10.7% in the 4th quarter. HBW Advisory Services LLC now owns 3,527 shares of the basic materials company's stock valued at $1,504,000 after purchasing an additional 342 shares during the last quarter. Finally, Fourpath Capital Management LLC boosted its stake in shares of Linde by 1.5% in the 4th quarter. Fourpath Capital Management LLC now owns 4,272 shares of the basic materials company's stock valued at $1,822,000 after purchasing an additional 62 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of LIN stock opened at $499.63 on Wednesday. The firm has a 50-day moving average of $489.65 and a 200-day moving average of $453.01. The company has a market cap of $231.52 billion, a P/E ratio of 34.24, a P/E/G ratio of 3.34 and a beta of 0.78. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a one year low of $387.78 and a one year high of $510.65.

Linde (NASDAQ:LIN - Get Free Report) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities research analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal 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 paid a $1.60 dividend. The ex-dividend date was Wednesday, March 11th. This is a positive change from Linde's previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde's dividend payout ratio is 43.87%.

Insider Activity

In other news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the transaction, the executive vice president owned 8,151 shares of the company's stock, 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. Insiders sold 20,332 shares of company stock valued at $9,749,257 in the last quarter. Corporate insiders own 0.70% of the company's stock.

Analyst Ratings Changes

LIN has been the topic of a number of analyst reports. Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. JPMorgan Chase & Co. raised shares of Linde from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $455.00 to $525.00 in a research note on Friday, March 13th. Morgan Stanley reissued an "overweight" rating and set a $530.00 target price on shares of Linde in a research note on Friday, February 6th. Citigroup increased their target price on shares of Linde from $545.00 to $580.00 and gave the stock a "buy" rating in a research note on Monday. Finally, UBS Group increased their target price on shares of Linde from $550.00 to $579.00 and gave the stock a "buy" rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus 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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