R Squared Ltd Buys 1,507 Shares of Linde PLC $LIN

R Squared Ltd grew its stake in shares of Linde PLC (NASDAQ:LIN) by 35.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,784 shares of the basic materials company’s stock after buying an additional 1,507 shares during the quarter. Linde makes up 1.2% of R Squared Ltd’s holdings, making the stock its 4th biggest holding. R Squared Ltd’s holdings in Linde were worth $2,747,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of LIN. Diversify Wealth Management LLC boosted its holdings in shares of Linde by 3.8% during the 3rd quarter. Diversify Wealth Management LLC now owns 3,093 shares of the basic materials company’s stock valued at $1,469,000 after acquiring an additional 114 shares in the last quarter. DNB Asset Management AS raised its position in Linde by 2.9% in the third quarter. DNB Asset Management AS now owns 100,174 shares of the basic materials company’s stock valued at $47,583,000 after purchasing an additional 2,783 shares during the last quarter. Choreo LLC boosted its stake in shares of Linde by 2.0% during the third quarter. Choreo LLC now owns 18,037 shares of the basic materials company’s stock valued at $8,568,000 after purchasing an additional 351 shares in the last quarter. West Family Investments Inc. boosted its stake in shares of Linde by 1.1% during the third quarter. West Family Investments Inc. now owns 2,940 shares of the basic materials company’s stock valued at $1,396,000 after purchasing an additional 32 shares in the last quarter. Finally, Interchange Capital Partners LLC grew its holdings in shares of Linde by 38.3% during the third quarter. Interchange Capital Partners LLC now owns 928 shares of the basic materials company’s stock worth $441,000 after purchasing an additional 257 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. The trade was a 29.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.70% of the stock is owned by corporate insiders.

Linde Stock Down 1.9%

Shares of NASDAQ LIN opened at $498.51 on Friday. The company has a market capitalization of $232.78 billion, a P/E ratio of 34.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.84. Linde PLC has a 52-week low of $387.78 and a 52-week high of $510.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The company’s 50 day moving average price is $452.69 and its 200-day moving average price is $449.36.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.18 by $0.02. The company 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%. Linde’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The firm 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 $1.60 dividend. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde’s dividend payout ratio is 43.87%.

Wall Street Analysts Forecast Growth

LIN has been the subject of a number of research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $516.00 price objective on shares of Linde in a report on Monday, November 3rd. Citigroup upped their price target on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday, February 6th. UBS Group raised their price target on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. CICC Research assumed coverage on shares of Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price objective on the stock. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $455.00 price objective on shares of Linde in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Linde presently has a consensus rating of “Buy” and a consensus target price of $508.20.

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.