Intech Investment Management LLC Has $14.48 Million Stock Holdings in Linde PLC $LIN

Intech Investment Management LLC reduced its stake in Linde PLC (NASDAQ:LIN) by 37.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,485 shares of the basic materials company’s stock after selling 18,147 shares during the quarter. Intech Investment Management LLC’s holdings in Linde were worth $14,480,000 at the end of the most recent reporting period.

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

Linde Trading Down 1.9%

NASDAQ:LIN opened at $498.51 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The company has a market cap of $232.78 billion, a PE ratio of 34.17, a PEG ratio of 3.34 and a beta of 0.84. The firm has a 50-day moving average of $452.69 and a 200-day moving average of $449.36.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, equities research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. This is an increase from Linde’s previous quarterly dividend of $1.50. The ex-dividend date is Wednesday, March 11th. Linde’s dividend payout ratio is currently 43.87%.

Insider Buying and Selling

In other Linde 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 transaction, the vice president directly owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LIN shares. Mizuho set a $525.00 target price on Linde in a research note on Friday, February 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $455.00 price objective on shares of Linde in a research report on Friday, February 6th. Royal Bank Of Canada dropped their target price on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, UBS Group upped their price objective on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Linde has an average rating of “Buy” and a consensus 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.