YHB Investment Advisors Inc. Has $4.09 Million Stock Position in Linde plc (NASDAQ:LIN)

YHB Investment Advisors Inc. cut its position in Linde plc (NASDAQ:LIN) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,767 shares of the basic materials company’s stock after selling 340 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Linde were worth $4,089,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Global Wealth Strategies & Associates increased its stake in shares of Linde by 144.8% in the fourth quarter. Global Wealth Strategies & Associates now owns 71 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 42 shares during the period. Kozak & Associates Inc. acquired a new stake in Linde in the 3rd quarter valued at approximately $34,000. Retirement Wealth Solutions LLC bought a new position in Linde in the 4th quarter worth approximately $34,000. Capital Performance Advisors LLP acquired a new position in shares of Linde during the third quarter worth approximately $43,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Linde in the fourth quarter valued at approximately $47,000. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

LIN has been the topic of a number of research reports. Mizuho boosted their target price on shares of Linde from $520.00 to $530.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. Erste Group Bank reaffirmed a “hold” rating on shares of Linde in a research report on Tuesday, November 19th. TD Cowen raised Linde from a “hold” rating to a “buy” rating and lifted their target price for the stock from $480.00 to $515.00 in a research report on Monday, January 13th. BMO Capital Markets upped their price target on Linde from $477.00 to $507.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Finally, Citigroup decreased their price objective on Linde from $490.00 to $480.00 and set a “neutral” rating on the stock in a report on Wednesday, December 18th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Linde presently has an average rating of “Moderate Buy” and a consensus target price of $501.82.

Insider Activity at Linde

In related news, Director Paula Rosput Reynolds acquired 100 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $441.34 per share, for a total transaction of $44,134.00. Following the transaction, the director now owns 233 shares of the company’s stock, valued at $102,832.22. The trade was a 75.19 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David P. Strauss sold 2,218 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $434.35, for a total transaction of $963,388.30. Following the transaction, the vice president now owns 25,926 shares in the company, valued at $11,260,958.10. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Linde Stock Up 0.1 %

Shares of NASDAQ:LIN opened at $439.49 on Tuesday. The company has a market capitalization of $209.27 billion, a PE ratio of 33.37, a P/E/G ratio of 2.74 and a beta of 0.94. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.81 and a current ratio of 0.96. The company’s fifty day moving average is $435.45 and its 200-day moving average is $453.33. Linde plc has a 52 week low of $396.07 and a 52 week high of $487.49.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, October 31st. The basic materials company reported $3.94 EPS for the quarter, beating analysts’ consensus estimates of $3.89 by $0.05. The firm had revenue of $8.36 billion for the quarter, compared to analyst estimates of $8.39 billion. Linde had a net margin of 19.33% and a return on equity of 18.16%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $3.63 earnings per share. Equities research analysts predict that Linde plc will post 15.45 earnings per share for the current fiscal year.

Linde Profile

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.