Neuberger Berman Group LLC Raises Stock Holdings in Linde PLC $LIN

Key Points

• Neuberger Berman raised its holding in Linde PLC by 18.2% in Q3, adding 206,350 shares to own 1,337,482 shares (about 0.29% of the company) valued at roughly $635.34 million at quarter-end.
• Linde posted Q results with EPS of $4.20 (beating estimates) and $8.76B revenue, set FY2026 EPS guidance of 17.40–17.90, and raised its quarterly dividend from $1.50 to $1.60 (annualized $6.40; yield ~1.3%).

Neuberger Berman Group LLC raised its holdings in Linde PLC (NASDAQ:LIN - Free Report) by 18.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,337,482 shares of the basic materials company's stock after purchasing an additional 206,350 shares during the period. Neuberger Berman Group LLC owned about 0.29% of Linde worth $635,342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Gamco Investors INC. ET AL raised its position in Linde by 6.1% during the third quarter. Gamco Investors INC. ET AL now owns 4,488 shares of the basic materials company's stock worth $2,132,000 after acquiring an additional 257 shares during the period. Aptus Capital Advisors LLC grew its position in shares of Linde by 8.1% in the third quarter. Aptus Capital Advisors LLC now owns 63,547 shares of the basic materials company's stock valued at $30,185,000 after purchasing an additional 4,763 shares during the period. Barclays PLC increased its stake in shares of Linde by 0.4% during the third quarter. Barclays PLC now owns 2,315,443 shares of the basic materials company's stock worth $1,099,835,000 after purchasing an additional 9,498 shares in the last quarter. Perennial Investment Advisors LLC increased its stake in shares of Linde by 22.8% during the third quarter. Perennial Investment Advisors LLC now owns 582 shares of the basic materials company's stock worth $277,000 after purchasing an additional 108 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in shares of Linde by 0.3% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 23,719 shares of the basic materials company's stock worth $11,267,000 after purchasing an additional 63 shares during the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of LIN stock opened at $484.74 on Friday. The firm's 50-day moving average is $461.82 and its two-hundred day moving average is $450.32. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. 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 company has a market capitalization of $224.62 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 3.22 and a beta of 0.82.

Linde (NASDAQ:LIN - Get Free Report) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Analysts predict that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be given a $1.60 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Linde's previous quarterly dividend of $1.50. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde's dividend payout ratio is presently 41.12%.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the firm's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on LIN. Erste Group Bank raised shares of Linde from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 18th. DZ Bank cut 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. Citigroup increased their target price on Linde from $540.00 to $545.00 and gave the company a "buy" rating in a report on Friday, February 6th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $455.00 target price on shares of Linde in a research report on Friday, February 6th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Linde currently has an average rating of "Buy" and an average target price of $508.20.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.