Davidson Trust Co. Has $903,000 Stock Holdings in Linde PLC (NASDAQ:LIN)

04 Jul 2025, 13:34 by Amy Steele · The Cerbat Gem

Davidson Trust Co. trimmed its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 5.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,940 shares of the basic materials company’s stock after selling 107 shares during the period. Davidson Trust Co.’s holdings in Linde were worth $903,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Checchi Capital Advisers LLC increased its holdings in Linde by 5.7% in the first quarter. Checchi Capital Advisers LLC now owns 3,225 shares of the basic materials company’s stock worth $1,502,000 after buying an additional 174 shares during the last quarter. North Capital Inc. bought a new stake in Linde in the first quarter worth approximately $25,000. D.A. Davidson & CO. increased its stake in shares of Linde by 3.7% during the 1st quarter. D.A. Davidson & CO. now owns 26,562 shares of the basic materials company’s stock worth $12,368,000 after purchasing an additional 946 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Linde by 2.8% during the 1st quarter. Principal Financial Group Inc. now owns 1,291,142 shares of the basic materials company’s stock valued at $601,208,000 after purchasing an additional 35,593 shares in the last quarter. Finally, Xcel Wealth Management LLC acquired a new stake in shares of Linde in the 1st quarter valued at $221,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP David P. Strauss sold 1,987 shares of the company’s stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $457.04, for a total transaction of $908,138.48. Following the completion of the transaction, the vice president owned 22,639 shares of the company’s stock, valued at approximately $10,346,928.56. This represents a 8.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Sean Durbin sold 7,261 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total transaction of $3,314,065.62. Following the completion of the sale, the vice president owned 8,151 shares of the company’s stock, valued at approximately $3,720,279.42. The trade was a 47.11% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.70% of the company’s stock.

Linde Trading Down 0.3%

Linde stock opened at $475.83 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 0.94. The business’s 50-day simple moving average is $460.99 and its 200-day simple moving average is $450.71. The firm has a market capitalization of $223.98 billion, a PE ratio of 34.56, a PEG ratio of 3.37 and a beta of 0.96. Linde PLC has a 52 week low of $408.65 and a 52 week high of $487.49.

Linde (NASDAQ:LIN – Get Free Report) last released its earnings results on Thursday, May 1st. The basic materials company reported $3.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.92 by $0.03. The firm had revenue of $8.11 billion for the quarter, compared to analyst estimates of $8.24 billion. Linde had a return on equity of 18.95% and a net margin of 20.02%. The company’s revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $3.75 EPS. Equities research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Wednesday, June 4th were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date was Wednesday, June 4th. Linde’s dividend payout ratio (DPR) is currently 43.57%.

Analysts Set New Price Targets

LIN has been the subject of a number of recent research reports. Sanford C. Bernstein upgraded shares of Linde to a “strong-buy” rating in a report on Thursday, April 3rd. Citigroup raised Linde from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $500.00 to $535.00 in a research report on Monday. Royal Bank Of Canada initiated coverage on Linde in a report on Friday, June 13th. They set an “outperform” rating and a $576.00 price objective on the stock. Finally, Argus raised Linde to a “strong-buy” rating in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Linde currently has an average rating of “Buy” and a consensus target price of $515.90.

View Our Latest Research Report on LIN

Linde Profile

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