Linde PLC $LIN Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. trimmed its stake in Linde by 84.0% in Q4, selling 378,111 shares and leaving 71,845 shares worth about $30.63 million.
• Insiders sold 20,332 shares (~$9.75 million) in the past three months — including EVP Sean Durbin and VP Guillermo Bichara — leaving corporate insiders with just 0.70% ownership.
• Analysts have been upgrading Linde (e.g., Citigroup to a $580 target, JPMorgan to "overweight" with $525), after the company slightly beat quarterly EPS/revenue, provided Q1 and FY2026 guidance, and raised its quarterly dividend to $1.60 ($6.40 annualized, 1.3% yield).

Robeco Institutional Asset Management B.V. trimmed its holdings in shares of Linde PLC (NASDAQ:LIN - Free Report) by 84.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,845 shares of the basic materials company's stock after selling 378,111 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Linde were worth $30,634,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new stake in shares of Linde during the 2nd quarter worth about $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde during the 3rd quarter worth about $27,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde during the 3rd quarter worth about $29,000. YANKCOM Partnership increased its position in shares of Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company's stock worth $29,000 after purchasing an additional 41 shares during the last quarter. Finally, Guerra Advisors Inc acquired a new stake in shares of Linde during the 3rd quarter worth about $30,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the business's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the transaction, the executive vice president directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of the business's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the transaction, the vice president directly owned 22,138 shares of the company's stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on LIN shares. Citigroup raised their price objective on Linde from $545.00 to $580.00 and gave the stock a "buy" rating in a research report on Monday. JPMorgan Chase & Co. raised Linde from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $455.00 to $525.00 in a research report on Friday, March 13th. Weiss Ratings raised Linde from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, February 18th. Morgan Stanley reaffirmed an "overweight" rating and issued a $530.00 target price on shares of Linde in a research report on Friday, February 6th. Finally, Erste Group Bank raised Linde from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $521.60.

Linde Stock Performance

NASDAQ LIN opened at $508.67 on Tuesday. The company has a market cap of $235.71 billion, a P/E ratio of 34.86, a P/E/G ratio of 3.31 and a beta of 0.78. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The stock has a 50-day moving average of $488.92 and a two-hundred day moving average of $452.84. Linde PLC has a 1-year low of $387.78 and a 1-year high of $510.65.

Linde (NASDAQ:LIN - Get Free Report) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $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, analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th were given a $1.60 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is an increase from Linde's previous quarterly dividend of $1.50. Linde's dividend payout ratio is presently 43.87%.

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.

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