Zeno Equity Partners LLP Buys 13,834 Shares of Linde PLC $LIN

Zeno Equity Partners LLP increased its position in shares of Linde PLC (NASDAQ:LIN) by 20.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,837 shares of the basic materials company’s stock after acquiring an additional 13,834 shares during the period. Linde comprises approximately 18.3% of Zeno Equity Partners LLP’s portfolio, making the stock its 2nd biggest holding. Zeno Equity Partners LLP’s holdings in Linde were worth $39,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LIN. Inspire Trust Co. N.A. lifted its holdings in shares of Linde by 18.3% during the 3rd quarter. Inspire Trust Co. N.A. now owns 10,000 shares of the basic materials company’s stock valued at $4,750,000 after buying an additional 1,550 shares during the last quarter. Premier Fund Managers Ltd raised its position in Linde by 2.3% during the third quarter. Premier Fund Managers Ltd now owns 39,299 shares of the basic materials company’s stock valued at $18,733,000 after acquiring an additional 900 shares in the last quarter. Advisors Preferred LLC bought a new position in Linde during the third quarter valued at approximately $7,034,000. Lansforsakringar Fondforvaltning AB publ lifted its stake in Linde by 0.6% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 146,407 shares of the basic materials company’s stock valued at $69,543,000 after acquiring an additional 864 shares during the last quarter. Finally, EDENTREE ASSET MANAGEMENT Ltd grew its position in Linde by 11.6% in the third quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 4,277 shares of the basic materials company’s stock worth $2,031,000 after acquiring an additional 445 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Linde Stock Up 1.3%

LIN stock opened at $496.51 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a 52-week low of $387.78 and a 52-week high of $498.35. The company has a 50-day moving average of $446.15 and a two-hundred day moving average of $448.34. The stock has a market capitalization of $231.85 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 3.26 and a beta of 0.84.

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

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. This represents a 29.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 price target on shares of Linde in a report on Friday, February 6th. Morgan Stanley reissued an “overweight” rating and set a $530.00 target price on shares of Linde in a research report on Friday, February 6th. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research report on Tuesday, February 10th. Mizuho set a $525.00 price target on Linde in a research note on Friday, February 6th. Finally, Weiss Ratings raised Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Linde has an average rating of “Buy” and a consensus target price of $508.20.

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.