8,483 Shares in Linde PLC $LIN Bought by iSAM Funds UK Ltd

iSAM Funds UK Ltd bought a new stake in Linde PLC (NASDAQ:LIN) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 8,483 shares of the basic materials company’s stock, valued at approximately $4,029,000. Linde makes up about 0.8% of iSAM Funds UK Ltd’s investment portfolio, making the stock its 18th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NorthRock Partners LLC boosted its position in shares of Linde by 35.3% during the 3rd quarter. NorthRock Partners LLC now owns 5,955 shares of the basic materials company’s stock worth $2,829,000 after acquiring an additional 1,553 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of Linde by 7.7% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 28,838 shares of the basic materials company’s stock valued at $13,695,000 after acquiring an additional 2,053 shares during the last quarter. Temasek Holdings Private Ltd raised its position in shares of Linde by 45.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock worth $112,198,000 after acquiring an additional 73,850 shares in the last quarter. Maia Wealth LLC lifted its stake in Linde by 44.9% during the third quarter. Maia Wealth LLC now owns 1,162 shares of the basic materials company’s stock worth $552,000 after purchasing an additional 360 shares during the last quarter. Finally, Main Street Research LLC lifted its stake in Linde by 1.2% during the third quarter. Main Street Research LLC now owns 73,368 shares of the basic materials company’s stock worth $34,850,000 after purchasing an additional 890 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 20,332 shares of company stock valued at $9,749,257 in the last quarter. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LIN shares. JPMorgan Chase & Co. raised Linde from a “neutral” rating to an “overweight” rating and upped their price target for the company from $455.00 to $525.00 in a report on Friday. Morgan Stanley restated an “overweight” rating and set a $530.00 price objective on shares of Linde in a research report on Friday, February 6th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Mizuho set a $525.00 target price on shares of Linde in a research report on Friday, February 6th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $515.20.

Linde Trading Up 0.7%

Shares of LIN stock opened at $493.92 on Friday. The business’s fifty day moving average price is $467.63 and its 200 day moving average price is $450.49. The firm has a market capitalization of $228.88 billion, a PE ratio of 33.85, a P/E/G ratio of 3.22 and a beta of 0.82. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a 1-year low of $387.78 and a 1-year high of $510.65.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.Linde’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. As a group, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. This is a positive change from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. Linde’s dividend payout ratio (DPR) is 43.87%.

About Linde

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.