Healthcare of Ontario Pension Plan Trust Fund Acquires 89,709 Shares of Linde PLC $LIN

Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Linde PLC (NASDAQ:LIN) by 30.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 387,341 shares of the basic materials company’s stock after purchasing an additional 89,709 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Linde were worth $165,158,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of Linde in the 2nd quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Linde during the 3rd quarter worth approximately $29,000. Saranac Partners Ltd bought a new position in shares of Linde during the 3rd quarter worth approximately $29,000. Triumph Capital Management raised its stake in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. Finally, Caitlin John LLC bought a new position in shares of Linde during the 3rd quarter worth approximately $32,000. Institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

LIN has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their price objective on shares of Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings upgraded shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Seaport Research Partners boosted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Linde presently has an average rating of “Buy” and an average target price of $541.91.

Linde Stock Up 1.6%

NASDAQ:LIN opened at $523.57 on Friday. The company has a market cap of $242.07 billion, a PE ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $525.82. 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 company’s 50 day moving average is $504.86 and its two-hundred day moving average is $471.51.

Linde (NASDAQ:LIN) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.27 by $0.06. The company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. Linde’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is currently 42.50%.

Linde 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.