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LIN

LINDE PLC

At today's price, LINDE PLC (LIN) is priced for +21.4% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+21.4% growth
Priced In
within-range

Key Takeaways

• Linde is the world's largest industrial-gas company, and its economics rest on long-term on-site supply contracts that the 10-K describes as ⟦"long-term supply arrangements which generally require the customer to purchase their requirements from Linde"⟧ with minimum purchase and price-escalation terms, the structural source of its pricing power. • The defining risk is the price itself: the stock trades at roughly 28 times company-wide operating income, at the very top of its peer distribution

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Institutional ownership

2,218 institutional managers reported holding LIN in 13F filings for the quarter ended 2026-03-31. Together they hold about 80% of the company; the top 10 hold 37%. 278 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 7.6M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (3 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

LIN has cut its share count 10.6% over the past five years, spending $21.63B on repurchases. It pays a dividend, and has paid one every year in our records (8 and counting), raised 6 years straight; the current rate is $6.00 a share annually. Cash returned over the past three years: $7.44B in dividends and $12.13B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at LIN over the trailing three years: 2024: 1 buy totaling $44k; 2025: 1 buy totaling $1000k. 22 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

LIN's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-28+0.1%-4.2%
2023-10-27+1.7%+10.8%
2024-02-29+0.9%-6.5%
2024-05-03-4.3%+2.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

LIN's latest 8-K filings: 2026-05-13 (items 8.01, 9.01); 2026-05-01 (items 2.02, 9.01); 2026-02-05 (items 2.02, 9.01); 2025-12-03 (items 1.01, 2.03, 9.01); 2025-11-20 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare LIN

ALB vs LINAPD vs LINCF vs LINDD vs LINEMN vs LINESI vs LIN

Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.