iA Global Asset Management Inc. Has $80.86 Million Stock Holdings in Linde PLC $LIN

iA Global Asset Management Inc. cut its position in shares of Linde PLC (NASDAQ:LIN) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,647 shares of the basic materials company’s stock after selling 9,925 shares during the quarter. Linde accounts for 1.0% of iA Global Asset Management Inc.’s portfolio, making the stock its 19th biggest holding. iA Global Asset Management Inc.’s holdings in Linde were worth $80,864,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. S.E.E.D. Planning Group LLC boosted its holdings in Linde by 8.9% during the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock valued at $11,658,000 after purchasing an additional 2,234 shares in the last quarter. Caprock Group LLC acquired a new stake in Linde during the third quarter valued at approximately $4,243,000. Temasek Holdings Private Ltd boosted its holdings in Linde by 45.5% during the third quarter. Temasek Holdings Private Ltd now owns 236,206 shares of the basic materials company’s stock valued at $112,198,000 after purchasing an additional 73,850 shares in the last quarter. National Pension Service boosted its holdings in Linde by 2.6% during the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock valued at $459,570,000 after purchasing an additional 24,624 shares in the last quarter. Finally, Boston Trust Walden Corp boosted its holdings in Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock valued at $6,415,000 after purchasing an additional 8,863 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ:LIN opened at $506.11 on Friday. Linde PLC has a 1 year low of $387.78 and a 1 year high of $521.28. The firm has a 50 day moving average of $497.02 and a 200-day moving average of $459.41. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $234.00 billion, a P/E ratio of 33.61, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73.

Linde (NASDAQ:LIN) last posted its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same quarter in the previous year, the company posted $3.95 earnings per share. Linde’s quarterly revenue was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. As a group, sell-side analysts anticipate that Linde PLC will post 17.86 EPS 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 given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s payout ratio is 42.50%.

Insider Activity at Linde

In related 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 in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of the business’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 completion of the transaction, the vice president 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. Insiders sold a total of 20,332 shares of company stock valued at $9,749,257 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on LIN shares. Seaport Research Partners lifted their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Royal Bank Of Canada lifted their price objective on Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Erste Group Bank raised Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, UBS Group lifted their price objective on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One equities research 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $540.00.

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.