Linde Plc (NASDAQ: LIN) is 3.94% higher on its value in year-to-date trading and has touched a low of $408.65 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 $463.16 in the last trading session, with the day’s loss setting it -461.07%.
Currently trading at $2.09M, the stock is -1.30% and 0.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 1608890% at the moment leaves the stock 1.04% off its SMA200. LIN registered 9.92% gain for a year compared to 6-month gain of 9.68%. The firm has a 50-day simple moving average (SMA 50) of $458.0288 and a 200-day simple moving average (SMA200) of $455.4592.
The stock witnessed a 0.28% loss in the last 1 month and extending the period to 3 months gives it a 0.60%, and is -0.15% 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 0.82% over the week and 0.84% over the month.
Linde Plc (LIN) has around 65289 employees, a market worth around $216.63B and $33.02B in sales. Current P/E ratio is 33.40 and Fwd P/E is 25.68. Profit margin for the company is 20.02%. Distance from 52-week low is 12.61% and -5.60% from its 52-week high. The company has generated returns on investments over the last 12 months (11.88%).
The EPS is expected to grow by 5.75% this year
3026.0 institutions hold shares in Linde Plc (LIN), with institutional investors hold 87.69% of the company’s shares. The shares outstanding are 471.29M, and float is at 467.08M with Short Float at 1.09%. Institutions hold 87.48% of the Float.
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 9.3179 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 7.4918 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.69 million shares representing 4.1017 and valued at over $8.64 billion, while FMR LLC holds 2.8411 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 Durbin Sean, the company’s Executive VP, North America. SEC filings show that Durbin Sean sold 7,261 shares of the company’s common stock on May 22 ’25 at a price of $456.42 per share for a total of $3.31 million. Following the sale, the insider now owns 8151.0 shares.
Still, SEC filings show that on May 16 ’25, Strauss David P (Executive VP, Chief HR Officer) disposed off 1,987 shares at an average price of $457.04 for $0.91 million. The insider now directly holds 22,639 shares of Linde Plc (LIN).