97,996 Shares in Linde PLC $LIN Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. purchased a new position in Linde PLC (NASDAQ:LIN) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 97,996 shares of the basic materials company’s stock, valued at approximately $46,514,000.

A number of other institutional investors also recently bought and sold shares of LIN. Principia Wealth Advisory LLC boosted its holdings in shares of Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 23 shares during the last quarter. Legacy Wealth Managment LLC ID increased its stake in shares of Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 28 shares during the period. Manning & Napier Advisors LLC increased its stake in shares of Linde by 1,450.0% in the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 58 shares during the period. Marquette Asset Management LLC purchased a new position in shares of Linde during the third quarter worth $29,000. Finally, Polaris Financial Partners purchased a new position in shares of Linde during the third quarter worth $31,000. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LIN. BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Thursday, October 8th. Bank of America increased their price target on Linde from $532.00 to $550.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Berenberg Bank reaffirmed a “buy” rating on shares of Linde in a research report on Tuesday, August 4th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Linde from $580.00 to $575.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $547.10.

Linde Stock Up 2.0%

LIN opened at $510.36 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The company has a fifty day moving average of $480.03 and a two-hundred day moving average of $498.29. The stock has a market capitalization of $235.27 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 2.92 and a beta of 0.71.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the prior year, the firm posted $4.09 earnings per share. The company’s revenue was up 9.3% compared to the same quarter last year. 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, research analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s payout ratio is currently 41.34%.

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.