Robeco Schweiz AG Buys New Holdings in Linde PLC $LIN

Key Points

• Robeco Schweiz AG acquired 78,035 Linde shares in the third quarter, valued at approximately $37 million. Other hedge funds also initiated positions, with institutional investors collectively owning 82.8% of Linde’s stock.
• Linde reported quarterly EPS of $4.50 and revenue of $9.29 billion, exceeding analyst estimates, while revenue increased 9.3% year over year. The company guided for fiscal 2026 EPS of $17.70–$17.90.
• Linde pays a quarterly dividend of $1.60 per share, equivalent to a 1.3% yield. Analysts maintain a consensus “Buy” rating with an average price target of $547.10.

Robeco Schweiz AG bought a new stake in Linde PLC (NASDAQ:LIN - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 78,035 shares of the basic materials company's stock, valued at approximately $37,039,000.

Several other hedge funds also recently bought and sold shares of LIN. Sanders Morris Harris LLC bought a new stake in shares of Linde in the third quarter worth about $847,000. Carderock Capital Management Inc. acquired a new stake in shares of Linde during the third quarter worth about $7,498,000. First Financial Bank Trust Division acquired a new stake in shares of Linde during the third quarter worth about $4,034,000. Birch Hill Investment Advisors LLC acquired a new stake in shares of Linde during the third quarter worth about $1,875,000. Finally, Hikari Power Ltd bought a new position in shares of Linde during the 2nd quarter valued at about $20,965,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Down 0.3%

NASDAQ:LIN opened at $508.83 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company has a market cap of $234.56 billion, a PE ratio of 32.87, a PEG ratio of 2.97 and a beta of 0.71. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20. The stock has a 50-day simple moving average of $480.55 and a 200 day simple moving average of $498.37.

Linde (NASDAQ:LIN - Get Free Report) last announced its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, sell-side analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde's dividend payout ratio (DPR) is currently 41.34%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LIN shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Linde in a research report on Monday, October 19th. Argus cut their price target on shares of Linde from $563.00 to $538.00 and set a "buy" rating on the stock in a research note on Monday, September 28th. KeyCorp began coverage on shares of Linde in a report on Thursday, September 10th. They issued an "overweight" rating and a $542.00 price target for the company. Evercore increased their price objective on shares of Linde from $515.00 to $525.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 12th. Finally, UBS Group lowered their price objective on shares of Linde from $612.00 to $574.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $547.10.

Linde Company Profile

Linde plc NASDAQ: LIN is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde's products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.

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