Linde PLC $LIN Shares Bought by TIAA Trust National Association

TIAA Trust National Association grew its position in Linde PLC (NASDAQ:LIN) by 3.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,047 shares of the basic materials company’s stock after acquiring an additional 1,321 shares during the quarter. TIAA Trust National Association’s holdings in Linde were worth $17,597,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LIN. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter valued at $25,000. Marquette Asset Management LLC purchased a new position in shares of Linde during the third quarter worth about $27,000. YANKCOM Partnership increased its position in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares during the period. Guerra Advisors Inc acquired a new position in Linde in the 3rd quarter valued at about $30,000. Finally, Albion Financial Group UT raised its stake in Linde by 87.8% during the 3rd quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on LIN. Mizuho set a $525.00 target price on Linde in a report on Friday, February 6th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a report on Tuesday, February 10th. Citigroup raised their price objective 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. CICC Research began coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price on the stock. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $508.20.

Insiders Place Their Bets

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction 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 completion of the transaction, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.70% of the company’s stock.

Linde Price Performance

Linde stock opened at $508.08 on Friday. The firm has a market capitalization of $235.44 billion, a PE ratio of 34.82, a P/E/G ratio of 3.28 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 firm’s 50-day simple moving average is $454.42 and its 200 day simple moving average is $449.62. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same period last year, the firm posted $3.97 EPS. The firm’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. On average, equities research analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio is currently 41.12%.

Linde Company 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.