Linde PLC $LIN Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Linde PLC (NASDAQ:LIN) by 3.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 985,418 shares of the basic materials company’s stock after purchasing an additional 35,944 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Linde were worth $468,074,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in Linde during the 4th quarter worth about $2,752,000. Revolve Wealth Partners LLC increased its stake in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares during the period. Sivia Capital Partners LLC lifted its position in shares of Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Linde by 5.9% in the second quarter. Bessemer Group Inc. now owns 18,864 shares of the basic materials company’s stock valued at $8,850,000 after purchasing an additional 1,055 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of LIN stock opened at $508.27 on Thursday. The company has a market cap of $237.34 billion, a P/E ratio of 34.84, a PEG ratio of 3.31 and a beta of 0.84. The firm has a fifty day moving average price of $451.10 and a 200 day moving average price of $449.02. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. Linde PLC has a 12 month low of $387.78 and a 12 month high of $509.62.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same period in the previous year, the business earned $3.97 EPS. Linde’s revenue for the quarter 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. Sell-side analysts predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is 41.12%.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were 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 in the company, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on LIN shares. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Mizuho set a $525.00 price target on shares of Linde in a research note on Friday, February 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, CICC Research assumed coverage on Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $508.20.

Linde Company 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.