Segall Bryant & Hamill LLC Sells 1,664 Shares of Linde PLC $LIN

Segall Bryant & Hamill LLC reduced its holdings in Linde PLC (NASDAQ:LIN) by 4.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 38,608 shares of the basic materials company’s stock after selling 1,664 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Linde were worth $19,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital International Investors increased its holdings in shares of Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares in the last quarter. Boston Trust Walden Corp lifted its holdings in shares of Linde by 143.4% during the 4th 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. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Linde by 177.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after purchasing an additional 807,370 shares in the last quarter. Trium Capital LLP grew its position in shares of Linde by 85.3% in the 4th quarter. Trium Capital LLP now owns 5,132 shares of the basic materials company’s stock valued at $2,188,000 after purchasing an additional 2,362 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Linde by 6.5% in the 4th quarter. Legal & General Group Plc now owns 2,935,016 shares of the basic materials company’s stock valued at $1,251,430,000 after purchasing an additional 179,359 shares during the period. 82.80% of the stock is owned by institutional investors.

Linde Stock Down 5.9%

Shares of LIN stock opened at $478.38 on Friday. The firm’s fifty day moving average price is $515.27 and its two-hundred day moving average price is $496.23. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The firm has a market capitalization of $221.18 billion, a P/E ratio of 30.90, a PEG ratio of 3.02 and a beta of 0.72.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, equities analysts predict that Linde PLC will post 17.84 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, September 3rd. Linde’s dividend payout ratio is presently 41.34%.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q2 results exceeded estimates: Adjusted EPS rose 10% year over year to $4.50, narrowly beating the $4.49 consensus, while sales increased 9% to $9.29 billion versus expectations of $9.02 billion. Growth benefited from higher pricing, stronger volumes, favorable currency effects and acquisitions. LIN Q2 Earnings & Revenues Beat Estimates on Volume & Pricing Growth
• Positive Sentiment: Semiconductor expansion adds a long-term growth opportunity: Linde secured a long-term agreement to supply ultra-high-purity gases to a major semiconductor manufacturer and plans to invest approximately $1 billion to expand its Phoenix, Arizona, production complex. The deal should support recurring sales tied to U.S. chip manufacturing capacity. Linde to invest $1 billion in Arizona after winning semiconductor supply deal
• Neutral Sentiment: Electronics was a leading end-market: Management highlighted volume and pricing gains, with electronics demand providing notable support. The earnings call also offered additional detail on operating performance and capital investment plans. Linde plc Q2 2026 Earnings Call Transcript
• Negative Sentiment: Forward guidance fell short of consensus: Linde forecast third-quarter EPS of $4.45–$4.55, below the $4.59 analyst estimate, and full-year 2026 EPS of $17.70–$17.90, below the $17.93 consensus. Although the company raised the lower end of its annual forecast, the outlook implies limited near-term upside relative to expectations. Linde raises lower end of 2026 guidance after Q2 earnings beat

Wall Street Analyst Weigh In

Several analysts have commented on LIN shares. Citigroup started coverage on shares of Linde in a report on Wednesday, June 24th. They set an “overweight” rating on the stock. Evercore reiterated an “outperform” rating and issued a $525.00 price target on shares of Linde in a report on Friday, July 10th. JPMorgan Chase & Co. increased their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. UBS Group reiterated a “buy” rating and set a $600.00 target price on shares of Linde in a report on Tuesday, June 2nd. Finally, Sanford C. Bernstein set a $559.00 price target on Linde in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $548.67.

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.