TD Asset Management Inc Has $198.05 Million Holdings in Linde PLC $LIN

TD Asset Management Inc boosted its position in Linde PLC (NASDAQ:LIN) by 3.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 416,953 shares of the basic materials company’s stock after buying an additional 15,094 shares during the period. TD Asset Management Inc owned approximately 0.09% of Linde worth $198,053,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LIN. Sound Financial Strategies Group LLC lifted its stake in shares of Linde by 1.4% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after purchasing an additional 22 shares during the period. Shepherd Financial Partners LLC increased its holdings in Linde by 4.5% in the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 22 shares in the last quarter. Embree Financial Group lifted its stake in Linde by 4.9% in the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after buying an additional 22 shares during the period. Binnacle Investments Inc boosted its holdings in shares of Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock worth $111,000 after buying an additional 22 shares in the last quarter. Finally, Trust Co. of Vermont boosted its holdings in shares of Linde by 0.3% during the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock worth $4,071,000 after buying an additional 23 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Guillermo Bichara sold 9,455 shares of the company’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 sale, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.70% of the stock is currently owned by insiders.

Linde Stock Up 0.8%

Shares of NASDAQ LIN opened at $508.27 on Thursday. 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 50-day moving average price of $451.10 and a 200-day moving average price of $449.02. The stock has a market capitalization of $237.34 billion, a P/E ratio of 34.84, a P/E/G ratio of 3.31 and a beta of 0.84. Linde PLC has a 1 year low of $387.78 and a 1 year high of $509.62.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, equities research analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be given a dividend of $1.60 per share. 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 annualized dividend and a dividend yield of 1.3%. Linde’s payout ratio is presently 41.12%.

Wall Street Analysts Forecast Growth

LIN has been the subject of several research analyst reports. Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. Sanford C. Bernstein restated an “outperform” rating and issued a $516.00 price target on shares of Linde in a report on Monday, November 3rd. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. UBS Group raised their target price on Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Linde has a consensus 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.