SevenBridge Financial Group LLC Buys 2,461 Shares of Linde PLC $LIN

Key Points

• SevenBridge Financial Group LLC increased its stake in Linde PLC by 37.2% in Q3, buying an additional 2,461 shares to hold 9,082 shares valued at about $4.314 million.
• Linde beat quarterly EPS expectations with $4.20 per share, set Q1 2026 guidance of 4.200–4.300 EPS and FY2026 guidance of 17.400–17.900, and carries a consensus Buy rating with a ~$508.20 target.
• Linde raised its quarterly dividend to $1.60 (from $1.50), payable March 26 with an ex-dividend date of March 11, implying a $6.40 annualized payout and roughly a 1.3% yield.

SevenBridge Financial Group LLC increased its stake in Linde PLC (NASDAQ:LIN - Free Report) by 37.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,082 shares of the basic materials company's stock after purchasing an additional 2,461 shares during the quarter. SevenBridge Financial Group LLC's holdings in Linde were worth $4,314,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new position in shares of Linde in the second quarter valued at approximately $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde during the 3rd quarter worth $27,000. YANKCOM Partnership grew its stake in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company's stock valued at $29,000 after buying an additional 41 shares during the last quarter. Guerra Advisors Inc acquired a new position in Linde in the 3rd quarter valued at $30,000. Finally, Caitlin John LLC bought a new position in Linde in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 82.80% of the company's stock.

Insider Transactions at Linde

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was 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 of the company's stock, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LIN. CICC Research began coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an "outperform" rating and a $510.00 target price for the company. Erste Group Bank upgraded Linde from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 18th. UBS Group reissued a "buy" rating on shares of Linde in a research report on Wednesday. Weiss Ratings upgraded Linde from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 18th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $530.00 target price on shares of Linde in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Linde has a consensus rating of "Buy" and a consensus target price of $508.20.

Linde Price Performance

NASDAQ:LIN opened at $481.55 on Thursday. 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. The company has a fifty day moving average price of $465.06 and a 200 day moving average price of $450.10. The stock has a market cap of $223.15 billion, a P/E ratio of 33.01, a PEG ratio of 3.14 and a beta of 0.82.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same period last year, the business posted $3.97 EPS. The business's quarterly revenue was up 6.3% on a year-over-year basis. 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 company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be paid a dividend of $1.60 per share. This is a positive change from Linde's previous quarterly dividend of $1.50. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, March 11th. Linde's dividend payout ratio is presently 41.12%.

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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