Intech Investment Management LLC Has $14.48 Million Position in Linde PLC $LIN

Intech Investment Management LLC trimmed its stake in Linde PLC (NASDAQ:LIN) by 37.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,485 shares of the basic materials company’s stock after selling 18,147 shares during the period. Intech Investment Management LLC’s holdings in Linde were worth $14,480,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Darwin Wealth Management LLC acquired a new position in shares of Linde in the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC acquired a new stake in Linde in the third quarter worth about $27,000. YANKCOM Partnership raised its stake in shares of Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after buying an additional 41 shares during the last quarter. Guerra Advisors Inc acquired a new position in shares of Linde in the 3rd quarter valued at $30,000. Finally, Albion Financial Group UT lifted its stake in Linde by 87.8% in the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after buying an additional 36 shares during the period. Institutional investors own 82.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LIN. Royal Bank Of Canada cut their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research report on Tuesday, February 10th. CICC Research began coverage on Linde in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective for the company. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $508.20.

Insiders Place Their Bets

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction that occurred 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 directly 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 legal filing with the SEC, which can be accessed through this link. 0.70% of the stock is owned by insiders.

Linde Price Performance

NASDAQ:LIN opened at $498.51 on Friday. Linde PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The firm’s 50-day simple moving average is $452.69 and its 200 day simple moving average is $449.36. The firm has a market cap of $232.78 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 3.34 and a beta of 0.84.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.Linde’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.97 EPS. 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 predict that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be given a dividend of $1.60 per share. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio 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.