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

Key Points

• Intech Investment Management increased its Linde stake by 36.6% in the fourth quarter, ending with 41,648 shares valued at about $17.76 million.
• Linde reported better-than-expected quarterly results, with EPS of $4.33 versus $4.27 expected and revenue of $8.78 billion, up 8.2% year over year. The company also issued FY 2026 guidance of $17.60 to $17.90 EPS.
• Linde declared a quarterly dividend of $1.60 per share, payable June 18, and analysts remain broadly positive with a consensus Buy rating and average price target of $540.

Intech Investment Management LLC grew its holdings in Linde PLC (NASDAQ:LIN - Free Report) by 36.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,648 shares of the basic materials company's stock after purchasing an additional 11,163 shares during the period. Intech Investment Management LLC's holdings in Linde were worth $17,758,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of LIN. S.E.E.D. Planning Group LLC increased its position in Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company's stock worth $11,658,000 after buying an additional 2,234 shares during the last quarter. Caprock Group LLC acquired a new stake in shares of Linde in the third quarter worth about $4,243,000. Temasek Holdings Private Ltd boosted its stake 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. Boston Trust Walden Corp boosted its stake in shares of Linde by 143.4% during the 4th quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company's stock worth $6,415,000 after acquiring an additional 8,863 shares in the last quarter. Finally, National Pension Service increased its holdings in shares of Linde by 2.6% during the 3rd quarter. National Pension Service now owns 967,516 shares of the basic materials company's stock valued at $459,570,000 after acquiring an additional 24,624 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company's stock.

Linde Stock Down 1.2%

Shares of LIN stock opened at $501.98 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $521.28. The firm has a market cap of $232.09 billion, a PE ratio of 33.33, a price-to-earnings-growth ratio of 3.19 and a beta of 0.73. The stock has a 50 day moving average of $501.11 and a 200-day moving average of $465.08. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN - Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter last year, the company posted $3.95 earnings per share. Linde'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. On average, equities analysts predict that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde's payout ratio is presently 42.50%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LIN shares. DZ Bank lowered Linde from a "buy" rating to a "hold" rating and set a $460.00 target price for the company. in a report on Tuesday, February 10th. Royal Bank Of Canada lifted their price target on shares of Linde from $552.00 to $570.00 and gave the company an "outperform" rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $575.00 price objective on shares of Linde in a report on Monday, May 4th. UBS Group raised their target price on shares of Linde from $550.00 to $579.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. Finally, Mizuho set a $525.00 target price on shares of Linde in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $540.00.

Insider Transactions at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the company's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the transaction, the vice president owned 22,138 shares of the company's stock, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction dated 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 completion of 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 position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is currently owned by corporate insiders.

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.

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