Linde PLC $LIN Shares Newly Bought by Legacy Private Trust Co.

Posted by Geri Gentry on Oct 6th, 2026

Legacy Private Trust Co. bought a new position in Linde PLC (NASDAQ:LIN – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,097 shares of the basic materials company’s stock, valued at approximately $5,267,000.

Other hedge funds also recently bought and sold shares of the company. Legacy Wealth Managment LLC ID raised its position in Linde by 96.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the last quarter. Principia Wealth Advisory LLC grew its position 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 worth $28,000 after buying an additional 23 shares during the last quarter. Manning & Napier Advisors LLC grew its position in shares of Linde by 1,450.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after buying an additional 58 shares during the last quarter. Polaris Financial Partners purchased a new position in shares of Linde during the third quarter valued at approximately $31,000. Finally, Abound Financial LLC purchased a new position in shares of Linde during the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Up 1.8%

Linde stock traded up $8.75 during mid-day trading on Tuesday, hitting $491.13. The company had a trading volume of 1,179,585 shares, compared to its average volume of 2,333,033. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The stock’s 50 day moving average price is $479.37 and its two-hundred day moving average price is $498.14. The company has a market capitalization of $226.40 billion, a PE ratio of 31.71, a price-to-earnings-growth ratio of 2.80 and a beta of 0.71. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51.

Linde (NASDAQ:LIN – Get Free Report) last posted its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter last year, the company earned $4.09 EPS. The company’s quarterly 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. As a group, sell-side analysts anticipate that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde’s payout ratio is presently 41.34%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on LIN shares. Jefferies Financial Group lifted their price target on shares of Linde from $535.00 to $560.00 and gave the company a “buy” rating in a report on Monday, August 3rd. BMO Capital Markets dropped their target price on shares of Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a research report on Monday, August 10th. Argus cut their target price on shares of Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Royal Bank Of Canada reduced their price target on shares of Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Finally, UBS Group lowered their price objective on shares of Linde from $612.00 to $574.00 and set a “buy” rating for the company in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $546.80.

View Our Latest Stock Analysis on Linde

Linde Profile

(Free Report)

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.