78,035 Shares of Linde PLC $LIN Acquired by Robeco Schweiz AG

Robeco Schweiz AG acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the third quarter, HoldingsChannel.com reports. The firm acquired 78,035 shares of the basic materials company’s stock, valued at approximately $37,039,000.

Several other hedge funds also recently modified their holdings of LIN. State Street Corp increased its position in shares of Linde by 3.7% in the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after acquiring an additional 719,052 shares during the last quarter. Amundi raised its holdings in Linde by 13.4% during the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after acquiring an additional 373,012 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Linde by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock worth $1,358,712,000 after acquiring an additional 64,078 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Linde by 28.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock worth $805,475,000 after acquiring an additional 361,664 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Linde by 6.6% during the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock worth $679,370,000 after acquiring an additional 85,360 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

NASDAQ:LIN opened at $508.83 on Friday. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The company has a market cap of $234.56 billion, a P/E ratio of 32.87, a P/E/G ratio of 2.97 and a beta of 0.71. The firm’s fifty day moving average price is $480.55 and its two-hundred day moving average price is $498.37. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.01. The company had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Equities analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $1.60 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is 41.34%.

Analysts Set New Price Targets

LIN has been the subject of several recent research reports. Royal Bank Of Canada reduced their price target on Linde from $553.00 to $549.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. Berenberg Bank reaffirmed a “buy” rating on shares of Linde in a research report on Tuesday, August 4th. Citigroup dropped their price objective on Linde from $580.00 to $560.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Finally, Bank of America increased their price objective on Linde from $532.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $547.10.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.