Truist Financial Corp Has $73.90 Million Stock Holdings in Linde PLC $LIN

Key Points

• Truist Financial trimmed its stake in Linde by 8% in Q4, now holding 173,314 shares valued at about $73.90 million.
• Sell‑side analysts are largely positive — consensus rating Buy with a consensus target of $533, and several firms have recently raised targets (e.g., Citigroup $585, Deutsche Bank $575).
• Linde beat quarterly expectations (EPS $4.33 vs. $4.27; revenue $8.78B vs. $8.60B), issued FY2026 EPS guidance of 17.60–17.90, and announced a quarterly dividend of $1.60 ($6.40 annual, ~1.3% yield).

Truist Financial Corp trimmed its holdings in Linde PLC (NASDAQ:LIN - Free Report) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,314 shares of the basic materials company's stock after selling 15,095 shares during the quarter. Truist Financial Corp's holdings in Linde were worth $73,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in Linde in the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC grew its position in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company's stock worth $325,000 after buying an additional 96 shares in the last quarter. Sivia Capital Partners LLC grew its position in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company's stock worth $736,000 after buying an additional 259 shares in the last quarter. Schnieders Capital Management LLC. grew its position in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company's stock worth $421,000 after buying an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC grew its position in Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company's stock worth $2,639,000 after buying an additional 175 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $575.00 price objective on shares of Linde in a report on Monday. JPMorgan Chase & Co. lifted their price target on Linde from $525.00 to $530.00 and gave the stock an "overweight" rating in a research report on Monday. BMO Capital Markets reaffirmed an "outperform" rating on shares of Linde in a research report on Tuesday, February 10th. Citigroup increased their price target on shares of Linde from $580.00 to $585.00 and gave the company a "buy" rating in a report on Monday. Finally, Mizuho set a $525.00 price target on shares of Linde in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $533.00.

Linde Stock Performance

Shares of LIN stock opened at $493.55 on Tuesday. The stock has a fifty day moving average price of $496.93 and a 200 day moving average price of $456.06. The stock has a market cap of $228.71 billion, a PE ratio of 32.77, a P/E/G ratio of 3.20 and a beta of 0.73. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. The firm 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%. The firm's revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the company earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts forecast that Linde PLC will post 17.8 earnings per share for the current fiscal year.

Linde Dividend Announcement

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

Insider Buying and Selling

In other news, EVP Sean Durbin sold 6,520 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 8,151 shares of the company's stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of the company's stock in a transaction that occurred 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 transaction, the vice president directly owned 22,138 shares of the company's stock, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. Company insiders own 0.70% of the company's stock.

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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