MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Reduces Stock Position in Linde PLC $LIN

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its stake in Linde PLC (NASDAQ:LIN) by 17.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 319,295 shares of the basic materials company’s stock after selling 65,874 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Linde were worth $151,672,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Linde by 0.7% during the second quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock worth $20,943,654,000 after buying an additional 292,492 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Linde by 0.9% in the 3rd quarter. Capital Research Global Investors now owns 9,329,728 shares of the basic materials company’s stock worth $4,431,639,000 after acquiring an additional 83,236 shares during the last quarter. Norges Bank acquired a new stake in shares of Linde in the 2nd quarter worth $3,098,772,000. Invesco Ltd. raised its holdings in shares of Linde by 6.0% during the 3rd quarter. Invesco Ltd. now owns 4,287,566 shares of the basic materials company’s stock worth $2,036,594,000 after acquiring an additional 242,733 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Linde by 4.8% during the 3rd quarter. Franklin Resources Inc. now owns 3,895,026 shares of the basic materials company’s stock worth $1,850,137,000 after acquiring an additional 176,650 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Performance

Shares of Linde stock opened at $497.41 on Tuesday. The firm has a market cap of $230.49 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 3.25 and a beta of 0.82. 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 PLC has a 52 week low of $387.78 and a 52 week high of $510.65. The business’s fifty day simple moving average is $468.92 and its 200-day simple moving average is $450.15.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the company earned $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. Equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Linde Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders 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 is Wednesday, March 11th. Linde’s dividend payout ratio (DPR) is 43.87%.

Insider Transactions at Linde

In other news, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction that occurred 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. The trade was a 16.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the transaction, the executive vice president owned 8,151 shares in the company, valued at approximately $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 quarter, insiders have sold 20,332 shares of company stock valued at $9,749,257. Company insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

LIN has been the subject of a number of analyst reports. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a report on Tuesday, February 10th. UBS Group reaffirmed a “buy” rating on shares of Linde in a research note on Wednesday, March 11th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Finally, Mizuho set a $525.00 price target on shares of Linde in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $515.20.

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.