S Bank Fund Management Ltd Has $9.38 Million Holdings in Linde PLC $LIN

Key Points

• S Bank Fund Management increased its stake in Linde by 266.7% during Q4 to 22,000 shares worth about $9.38 million, making Linde roughly 1.2% of the fund's holdings and its 21st largest position.
• Insiders have been net sellers, disposing of 20,332 shares worth roughly $9.75 million over the past three months, including sales by EVP Sean Durbin and VP Guillermo Bichara; company insiders now own about 0.70% of the stock.
• Linde beat quarterly EPS and revenue estimates, issued FY2026 EPS guidance of 17.60–17.90 (Q2 guidance 4.40–4.50), announced a $1.60 quarterly dividend ($6.40 annual, ~1.3% yield), and carries an average analyst target of about $540 with a consensus "Buy" rating.

S Bank Fund Management Ltd lifted its holdings in shares of Linde PLC (NASDAQ:LIN - Free Report) by 266.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,000 shares of the basic materials company's stock after purchasing an additional 16,000 shares during the quarter. Linde makes up about 1.2% of S Bank Fund Management Ltd's holdings, making the stock its 21st biggest position. S Bank Fund Management Ltd's holdings in Linde were worth $9,381,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blalock Williams LLC grew its holdings in Linde by 4.5% during the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company's stock valued at $217,000 after purchasing an additional 22 shares during the last quarter. Mutual Advisors LLC raised its position in shares of Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company's stock valued at $470,000 after purchasing an additional 22 shares during the period. Binnacle Investments Inc lifted its stake in shares of Linde by 10.2% in the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company's stock worth $111,000 after buying an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA lifted its stake in shares of Linde by 3.3% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company's stock worth $303,000 after buying an additional 23 shares during the last quarter. Finally, Mayport LLC boosted its holdings in shares of Linde by 4.8% during the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company's stock worth $215,000 after buying an additional 23 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of the firm's 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 completion of the sale, the executive vice president owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The sale was disclosed in a legal filing 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 that occurred 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 sale, the vice president directly owned 22,138 shares in the company, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is owned by company insiders.

Linde Trading Up 1.4%

Shares of LIN stock opened at $500.41 on Wednesday. The firm has a market capitalization of $231.36 billion, a P/E ratio of 33.23, a price-to-earnings-growth ratio of 3.10 and a beta of 0.73. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The firm's fifty day simple moving average is $497.01 and its 200 day simple moving average is $456.41. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $3.95 EPS. 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, sell-side analysts predict that Linde PLC will post 17.84 EPS for the current year.

Linde Announces Dividend

The business also recently announced 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. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde's dividend payout ratio (DPR) is presently 42.50%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $575.00 target price on shares of Linde in a research note on Monday. JPMorgan Chase & Co. upped their price target on shares of Linde from $525.00 to $530.00 and gave the company an "overweight" rating in a report on Monday. Citigroup lifted their price objective on Linde from $580.00 to $585.00 and gave the stock a "buy" rating in a research note on Monday. Erste Group Bank raised Linde from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings downgraded Linde from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $540.00.

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.

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