Intech Investment Management LLC Has $17.76 Million Stock Holdings in Linde PLC $LIN

Intech Investment Management LLC increased its holdings in shares of Linde PLC (NASDAQ:LIN) by 36.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,648 shares of the basic materials company’s stock after acquiring an additional 11,163 shares during the period. Intech Investment Management LLC’s holdings in Linde were worth $17,758,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Baker Avenue Asset Management LP lifted its position in shares of Linde by 6.4% during the 4th quarter. Baker Avenue Asset Management LP now owns 44,186 shares of the basic materials company’s stock worth $18,841,000 after buying an additional 2,653 shares during the period. Godfrey Financial Associates Inc. bought a new stake in Linde in the fourth quarter valued at $135,000. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust acquired a new position in Linde during the fourth quarter worth $12,972,000. Castlekeep Investment Advisors LLC lifted its holdings in shares of Linde by 6.6% during the fourth quarter. Castlekeep Investment Advisors LLC now owns 2,161 shares of the basic materials company’s stock valued at $921,000 after acquiring an additional 134 shares during the period. Finally, Kingsview Wealth Management LLC boosted its stake in shares of Linde by 8.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 6,639 shares of the basic materials company’s stock valued at $2,831,000 after purchasing an additional 516 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of Linde stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the completion of the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by company insiders.

Linde Trading Down 1.2%

Shares of NASDAQ LIN opened at $501.98 on Friday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $521.28. The company has a 50-day moving average of $501.11 and a two-hundred day moving average of $465.08. The company has a market cap of $232.09 billion, a PE ratio of 33.33, a P/E/G ratio of 3.19 and a beta of 0.73. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

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

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LIN shares. Citigroup upped their target price on shares of Linde from $580.00 to $585.00 and gave the stock a “buy” rating in a report on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Mizuho set a $525.00 price target on Linde in a report on Friday, February 6th. Finally, Seaport Research Partners lifted their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Linde has an average rating of “Buy” and an average price target of $540.00.

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.