Savvy Advisors Inc. Raises Stake in Linde PLC $LIN

Savvy Advisors Inc. lifted its position in Linde PLC (NASDAQ:LIN) by 114.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,700 shares of the basic materials company’s stock after purchasing an additional 1,972 shares during the period. Savvy Advisors Inc.’s holdings in Linde were worth $1,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of LIN. Onyx Bridge Wealth Group LLC increased its stake in Linde by 9.8% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 547 shares of the basic materials company’s stock worth $260,000 after buying an additional 49 shares in the last quarter. Cibc World Market Inc. boosted its stake in shares of Linde by 2.9% in the third quarter. Cibc World Market Inc. now owns 58,850 shares of the basic materials company’s stock worth $27,954,000 after acquiring an additional 1,673 shares during the period. Caprock Group LLC purchased a new stake in shares of Linde during the third quarter worth about $4,243,000. Rhumbline Advisers raised its stake in Linde by 1.0% during the 3rd quarter. Rhumbline Advisers now owns 820,368 shares of the basic materials company’s stock valued at $389,675,000 after purchasing an additional 8,113 shares during the period. Finally, Impax Asset Management Group plc lifted its holdings in Linde by 0.5% in the 3rd quarter. Impax Asset Management Group plc now owns 1,908,814 shares of the basic materials company’s stock worth $906,686,000 after purchasing an additional 8,683 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LIN has been the subject of a number of research analyst reports. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $455.00 price target on shares of Linde in a research note on Friday, February 6th. UBS Group raised their price objective on Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 target price on shares of Linde in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $508.20.

Linde Stock Performance

Shares of NASDAQ:LIN opened at $472.86 on Friday. The firm has a fifty day simple moving average of $435.65 and a two-hundred day simple moving average of $447.63. Linde PLC has a 52 week low of $387.78 and a 52 week high of $486.38. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $220.80 billion, a P/E ratio of 32.41, a PEG ratio of 3.07 and a beta of 0.84.

Linde (NASDAQ:LIN) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

About Linde

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.