Linde Plc (NASDAQ: LIN) is 10.24% higher on its value in year-to-date trading and has touched a low of $410.69 and a high of $487.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LIN stock was last observed hovering at around $467.49 in the last trading session, with the day’s loss setting it -5.94%.
Currently trading at $461.55, the stock is 0.96% and 5.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -1.27% at the moment leaves the stock 2.55% off its SMA200. LIN registered 3.13% gain for a year compared to 6-month loss of -0.90%.
The stock witnessed a 5.02% gain in the last 1 month and extending the period to 3 months gives it a 1.42%, and is -0.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.55% over the week and 1.67% over the month.
Linde Plc (LIN) has around 66323 employees, a market worth around $219.77B and $33.01B in sales. Current P/E ratio is 33.90 and Fwd P/E is 25.43. Profit margin for the company is 19.89%. Distance from 52-week low is 12.38% and -5.32% from its 52-week high. The company has generated returns on investments over the last 12 months (12.29%).
The EPS is expected to grow by 6.71% this year
The shares outstanding are 476.16M, and float is at 472.64M with Short Float at 1.09%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 44.72 million shares valued at $$19.63 billion. The investor’s holdings represent 9.2797 of the LIN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 35.96 million shares valued at $$15.78 billion to account for 7.4611 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.69 million shares representing 4.0849 and valued at over $$8.64 billion, while FMR LLC holds 2.8295 of the shares totaling 13.64 million with a market value of $$5.98 billion.
Linde Plc (LIN) Insider Activity
The most recent transaction is an insider sale by Nowicki Juergen, the company’s Executive VP, Engineering. SEC filings show that Nowicki Juergen sold 6,782 shares of the company’s common stock on Feb 20 ’25 at a price of $459.62 per share for a total of $3.12 million. Following the sale, the insider now owns 14765.0 shares.
Linde Plc disclosed in a document filed with the SEC on Feb 18 ’25 that Patwari Binod (Senior Vice President – APAC) sold a total of 1,400 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $457.55 per share for $0.64 million. Following the transaction, the insider now directly holds 2630.0 shares of the LIN stock.
Still, SEC filings show that on Feb 20 ’25, Nowicki Juergen (Officer) Proposed Sale 6,782 shares at an average price of $459.62 for $3.12 million. The insider now directly holds shares of Linde Plc (LIN).
