Geode Capital Management LLC Grows Position in Linde PLC $LIN

Posted by Brenda Bartman on May 28th, 2026

Geode Capital Management LLC raised its position in Linde PLC (NASDAQ:LIN – Free Report) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 11,353,011 shares of the basic materials company’s stock after buying an additional 35,945 shares during the quarter. Geode Capital Management LLC’s holdings in Linde were worth $4,820,533,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. ICW Investment Advisors LLC grew its stake in shares of Linde by 0.9% in the fourth quarter. ICW Investment Advisors LLC now owns 7,450 shares of the basic materials company’s stock valued at $3,177,000 after buying an additional 70 shares in the last quarter. Employees Retirement System of Texas grew its stake in shares of Linde by 38.5% in the fourth quarter. Employees Retirement System of Texas now owns 24,091 shares of the basic materials company’s stock valued at $10,272,000 after buying an additional 6,691 shares in the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Linde in the fourth quarter valued at about $577,000. Integrity Alliance LLC. grew its stake in shares of Linde by 11.2% in the fourth quarter. Integrity Alliance LLC. now owns 574 shares of the basic materials company’s stock valued at $245,000 after buying an additional 58 shares in the last quarter. Finally, Allstate Corp grew its stake in shares of Linde by 110.9% in the fourth quarter. Allstate Corp now owns 35,994 shares of the basic materials company’s stock valued at $15,347,000 after buying an additional 18,925 shares in the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of NASDAQ LIN opened at $507.87 on Thursday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $521.28. The business has a 50 day moving average price of $500.95 and a two-hundred day moving average price of $464.50. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. The firm has a market cap of $234.81 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 3.23 and a beta of 0.73.

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

Linde Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde’s dividend payout ratio (DPR) is 42.50%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on LIN. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 target price on shares of Linde in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Citigroup increased their target price on Linde from $580.00 to $585.00 and gave the company a “buy” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their target price on Linde from $525.00 to $530.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $540.00.

View Our Latest Stock Analysis on Linde

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. This trade represents a 16.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sean Durbin sold 6,520 shares of the firm’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 value of $3,111,800.40. Following the completion of the sale, the executive vice president directly owned 8,151 shares in the company, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by company insiders.

About Linde

(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.