Nordea Investment Management AB Buys 544,850 Shares of Linde PLC $LIN

Nordea Investment Management AB lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 34.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,124,882 shares of the basic materials company’s stock after acquiring an additional 544,850 shares during the quarter. Linde makes up approximately 0.8% of Nordea Investment Management AB’s holdings, making the stock its 23rd biggest holding. Nordea Investment Management AB’s holdings in Linde were worth $910,129,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of LIN. Shepherd Financial Partners LLC grew its stake in shares of Linde by 4.5% during the second 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 last quarter. 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 valued at $111,000 after purchasing an additional 22 shares during the last quarter. Embree Financial Group raised its position in shares of Linde by 4.9% in the 3rd quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 22 shares during the last quarter. Trust Co. of Vermont boosted its stake in Linde by 0.3% in the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock worth $4,071,000 after purchasing an additional 23 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA grew its position in Linde by 3.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company’s stock worth $303,000 after purchasing an additional 23 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of NASDAQ:LIN opened at $488.15 on Friday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $510.65. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The company has a market cap of $226.20 billion, a PE ratio of 33.46, a price-to-earnings-growth ratio of 3.21 and a beta of 0.82. The company’s 50 day moving average is $473.03 and its 200 day moving average is $450.71.

Linde (NASDAQ:LIN) last announced its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous 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, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The firm 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. 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 yield of 1.3%. The ex-dividend date is Wednesday, March 11th. Linde’s payout ratio is presently 43.87%.

Analyst Ratings Changes

A number of brokerages have issued reports on LIN. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada dropped their price objective on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. Morgan Stanley reissued an “overweight” rating and issued a $530.00 target price on shares of Linde in a research report on Friday, February 6th. Mizuho set a $525.00 target price on Linde in a research note on Friday, February 6th. Finally, Citigroup lifted their price target on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average target price of $515.20.

Insider Buying and Selling at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total value of $2,094,802.03. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the sale, the executive vice president directly owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,332 shares of company stock worth $9,749,257. 0.70% of the stock is owned by corporate insiders.

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.