Illinois Municipal Retirement Fund Sells 2,636 Shares of Linde PLC $LIN

Posted by Geri Gentry on Jul 19th, 2026

Illinois Municipal Retirement Fund lowered its position in Linde PLC (NASDAQ:LIN – Free Report) by 25.4% during the first quarter, Holdings Channel reports. The institutional investor owned 7,760 shares of the basic materials company’s stock after selling 2,636 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Linde were worth $3,847,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of LIN. Capital International Investors raised its stake in Linde by 20.1% in the fourth quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock valued at $3,245,255,000 after buying an additional 1,275,477 shares during the last quarter. S.E.E.D. Planning Group LLC boosted its holdings in Linde by 8.9% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 27,341 shares of the basic materials company’s stock worth $11,658,000 after acquiring an additional 2,234 shares in the last quarter. J. Safra Sarasin Holding AG grew its stake in shares of Linde by 3.0% during the fourth quarter. J. Safra Sarasin Holding AG now owns 83,262 shares of the basic materials company’s stock worth $35,493,000 after acquiring an additional 2,408 shares during the last quarter. Boston Trust Walden Corp grew its stake in shares of Linde by 143.4% during the fourth quarter. Boston Trust Walden Corp now owns 15,044 shares of the basic materials company’s stock worth $6,415,000 after acquiring an additional 8,863 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Linde by 177.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock valued at $538,558,000 after acquiring an additional 807,370 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Stock Down 1.4%

Shares of LIN stock opened at $513.22 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The firm has a market capitalization of $237.29 billion, a PE ratio of 34.08, a P/E/G ratio of 3.22 and a beta of 0.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The stock’s 50-day simple moving average is $515.95 and its 200-day simple moving average is $491.09.

Linde (NASDAQ:LIN – Get Free Report) last released its 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 the consensus estimate of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.95 earnings per share. 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 analysts expect that Linde PLC will post 17.88 earnings per share for the current year.

Linde Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on LIN shares. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 target price on shares of Linde in a research report on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Linde in a research note on Friday. JPMorgan Chase & Co. raised their price target on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $560.00 price objective on shares of Linde in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $548.67.

Get Our Latest Stock 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.