Healthcare of Ontario Pension Plan Trust Fund Purchases 89,709 Shares of Linde PLC $LIN

by · The Cerbat Gem

Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 30.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 387,341 shares of the basic materials company’s stock after purchasing an additional 89,709 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.08% of Linde worth $165,158,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Linde by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 44,953,116 shares of the basic materials company’s stock valued at $19,167,559,000 after acquiring an additional 354,800 shares during the last quarter. State Street Corp increased its holdings in Linde by 0.9% in the 3rd quarter. State Street Corp now owns 19,319,583 shares of the basic materials company’s stock valued at $9,176,828,000 after acquiring an additional 172,162 shares during the last quarter. Geode Capital Management LLC increased its holdings in Linde by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 11,353,011 shares of the basic materials company’s stock valued at $4,820,533,000 after acquiring an additional 35,945 shares during the last quarter. Capital Research Global Investors increased its holdings in Linde by 8.6% in the 4th quarter. Capital Research Global Investors now owns 10,127,594 shares of the basic materials company’s stock valued at $4,318,325,000 after acquiring an additional 797,866 shares during the last quarter. Finally, Norges Bank bought a new stake in Linde in the 4th quarter valued at $3,246,750,000. 82.80% of the stock is currently owned by institutional investors.

Linde Price Performance

LIN stock opened at $523.57 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $525.82. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $504.86 and a 200 day moving average price of $471.51. The stock has a market cap of $242.07 billion, a PE ratio of 34.77, a P/E/G ratio of 3.29 and a beta of 0.72.

Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities research analysts anticipate that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is 42.50%.

Wall Street Analyst Weigh In

LIN has been the topic of a number of research reports. Royal Bank Of Canada lifted their price target on shares of Linde from $552.00 to $570.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Citigroup lifted their price target on shares of Linde from $580.00 to $585.00 and gave the company a “buy” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 price target on shares of Linde in a report on Monday, May 4th. Seaport Research Partners lifted their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Linde currently has a consensus rating of “Buy” and an average target price of $541.91.

Check Out Our Latest Analysis on LIN

Linde Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding LIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Linde PLC (NASDAQ:LIN – Free Report).