8,483 Shares in Linde PLC $LIN Purchased by iSAM Funds UK Ltd

iSAM Funds UK Ltd acquired a new position in shares of Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 8,483 shares of the basic materials company’s stock, valued at approximately $4,029,000. Linde makes up 0.8% of iSAM Funds UK Ltd’s holdings, making the stock its 18th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Caprock Group LLC purchased a new stake in Linde during the 3rd quarter valued at about $4,243,000. National Pension Service boosted its holdings in shares of Linde by 2.6% during the 3rd quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after purchasing an additional 24,624 shares during the last quarter. Cerity Partners LLC grew its position in shares of Linde by 12.3% in the third quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock valued at $97,526,000 after purchasing an additional 22,489 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in shares of Linde by 27.2% in the second quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock valued at $195,649,000 after purchasing an additional 89,129 shares during the last quarter. Finally, Generali Asset Management SPA SGR lifted its position in Linde by 14.0% during the third quarter. Generali Asset Management SPA SGR now owns 44,981 shares of the basic materials company’s stock worth $21,366,000 after buying an additional 5,526 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a report on Tuesday, February 10th. JPMorgan Chase & Co. upgraded Linde from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $455.00 to $525.00 in a report on Friday. Mizuho set a $525.00 price objective on shares of Linde in a report on Friday, February 6th. Citigroup lifted their target price on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Linde has a consensus rating of “Buy” and a consensus target price of $515.20.

Insider Transactions at Linde

In related news, EVP Sean Durbin sold 6,520 shares of Linde 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 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. Over the last three months, insiders have sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.70% of the company’s stock.

Linde Stock Up 0.7%

Shares of NASDAQ LIN opened at $493.92 on Friday. The stock has a market cap of $228.88 billion, a P/E ratio of 33.85, a PEG ratio of 3.22 and a beta of 0.82. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. Linde PLC has a 12-month low of $387.78 and a 12-month high of $510.65. The business’s fifty day simple moving average is $467.63 and its 200-day simple moving average is $450.49.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the previous year, the firm posted $3.97 EPS. Linde’s revenue for the quarter was up 6.3% on a year-over-year basis. 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 analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

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

About Linde

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.