Maverick Capital Ltd. Buys Shares of 426,111 Linde PLC $LIN

Maverick Capital Ltd. purchased a new position in Linde PLC (NASDAQ:LIN) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 426,111 shares of the basic materials company’s stock, valued at approximately $211,249,000. Linde comprises approximately 2.4% of Maverick Capital Ltd.’s investment portfolio, making the stock its 16th biggest position.

A number of other large investors have also made changes to their positions in LIN. Meadowbrook Advisors Group LLC boosted its position in shares of Linde by 4.3% in the 1st quarter. Meadowbrook Advisors Group LLC now owns 511 shares of the basic materials company’s stock worth $253,000 after purchasing an additional 21 shares in the last quarter. Blalock Williams LLC boosted its holdings in Linde by 4.5% in the fourth quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock worth $217,000 after acquiring an additional 22 shares in the last quarter. Mutual Advisors LLC boosted its holdings in Linde by 2.0% in the fourth quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock worth $470,000 after acquiring an additional 22 shares in the last quarter. Valmark Advisers Inc. grew its stake in shares of Linde by 0.5% during the first quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock worth $2,062,000 after acquiring an additional 22 shares during the last quarter. Finally, Binnacle Investments Inc increased its holdings in shares of Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after acquiring an additional 22 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LIN shares. Citigroup began coverage on shares of Linde in a research note on Wednesday, June 24th. They issued an “overweight” rating for the company. Seaport Research Partners raised their price target on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. JPMorgan Chase & Co. lifted their price objective on shares of Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Linde in a report on Friday, July 17th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $560.00 target price on shares of Linde in a research report 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $548.67.

Linde Trading Down 1.0%

Linde stock opened at $507.02 on Tuesday. The stock has a 50-day moving average price of $515.98 and a 200 day moving average price of $494.86. The company has a market capitalization of $234.42 billion, a price-to-earnings ratio of 33.67, a price-to-earnings-growth ratio of 3.23 and a beta of 0.72. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the prior year, the firm earned $3.95 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Sell-side analysts anticipate that Linde PLC will post 17.89 EPS for the current year.

Linde Profile

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.