Meiji Yasuda Asset Management Co Ltd. Has $5.17 Million Stake in Linde PLC $LIN

Meiji Yasuda Asset Management Co Ltd. decreased its position in Linde PLC (NASDAQ:LIN) by 34.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,121 shares of the basic materials company’s stock after selling 6,280 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Linde were worth $5,168,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. S.E.E.D. Planning Group LLC grew its position in shares of Linde by 8.9% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after purchasing an additional 2,234 shares during the last quarter. Caprock Group LLC acquired a new stake in Linde during the third quarter worth approximately $4,243,000. Temasek Holdings Private Ltd grew its position in Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock worth $112,198,000 after buying an additional 73,850 shares in the last quarter. Boston Trust Walden Corp grew its position in Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after buying an additional 8,863 shares in the last quarter. Finally, National Pension Service grew its position in Linde by 2.6% during the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after buying an additional 24,624 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Up 0.6%

NASDAQ LIN opened at $517.58 on Friday. The business has a fifty day moving average price of $499.78 and a two-hundred day moving average price of $462.12. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The stock has a market capitalization of $239.30 billion, a PE ratio of 34.37, a PEG ratio of 3.23 and a beta of 0.73.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the prior year, the company earned $3.95 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.2%. Linde’s dividend payout ratio is presently 42.50%.

Insider Buying and Selling at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the sale, the vice president directly owned 22,138 shares in the company, valued at $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $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. 0.30% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on LIN shares. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Citigroup increased their price target on Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Mizuho set a $525.00 price target on Linde in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. Finally, UBS Group increased their price target on Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Linde has an average rating of “Buy” and a consensus target price of $540.00.

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.