Everett Harris & Co. CA bought a new stake in shares of Linde PLC (NASDAQ:LIN – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 2,278 shares of the basic materials company’s stock, valued at approximately $1,081,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. State Street Corp lifted its holdings in shares of Linde by 3.7% in the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after acquiring an additional 719,052 shares during the last quarter. Amundi increased its stake in Linde by 13.4% in the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after purchasing an additional 373,012 shares during the period. Dimensional Fund Advisors LP increased its stake in Linde by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock worth $1,358,712,000 after purchasing an additional 64,078 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Linde by 28.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock worth $805,475,000 after purchasing an additional 361,664 shares during the period. Finally, Swiss National Bank lifted its position in shares of Linde by 6.6% during the first quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock worth $679,370,000 after purchasing an additional 85,360 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on LIN shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Linde from $580.00 to $575.00 and set a “buy” rating for the company in a report on Monday, August 3rd. KeyCorp started coverage on Linde in a research report on Thursday, September 10th. They set an “overweight” rating and a $542.00 price objective on the stock. Berenberg Bank restated a “buy” rating on shares of Linde in a research note on Tuesday, August 4th. Mizuho set a $583.00 price target on Linde in a research note on Thursday. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $547.48.
Trending Headlines about Linde
Here are the key news stories impacting Linde this week:
- Positive Sentiment: Adjusted earnings and revenue beat expectations. Linde posted adjusted EPS of $4.59, above the $4.52 consensus, while sales increased 9% year over year to $9.4 billion versus expectations of $9.16 billion. Adjusted EPS rose 9% from the prior-year quarter. Linde Reports Third-Quarter 2026 Results
- Positive Sentiment: Pricing, volumes and electronics demand supported growth. Higher pricing and volume gains in the Americas, along with strong demand for gases used in semiconductor manufacturing and artificial-intelligence infrastructure, helped drive the sales increase. Management also raised its full-year 2026 earnings outlook. LIN Q3 Earnings Beat Estimates on Higher Americas Pricing and Volumes
- Positive Sentiment: Demand trends remain constructive. The earnings call highlighted continued momentum in electronics and other end markets, reinforcing the long-term growth case for Linde’s specialty and industrial gases businesses. Linde plc Q3 2026 Earnings Call Summary
- Neutral Sentiment: Reported results were mixed. GAAP net income declined 12% to $1.69 billion and diluted EPS fell 11% to $3.66, primarily reflecting purchase-accounting effects and other costs; adjusted profitability was substantially stronger.
- Negative Sentiment: Near-term guidance and restructuring costs may limit enthusiasm. Linde guided fourth-quarter adjusted EPS to $4.40–$4.50 and expects to record a $425 million restructuring charge. Investors are also evaluating strategic options for Lincare, adding uncertainty around near-term earnings and capital allocation. Linde Guides Q4 EPS and Takes Restructuring Charge
Linde Stock Down 1.0%
LIN stock opened at $503.15 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The company has a market capitalization of $231.94 billion, a P/E ratio of 32.50, a price-to-earnings-growth ratio of 2.96 and a beta of 0.71. The firm’s fifty day simple moving average is $482.87 and its 200-day simple moving average is $492.00.
Linde (NASDAQ:LIN – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.07. The company had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.16 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned $4.21 EPS. As a group, equities research analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.
Linde Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 1.3%. The ex-dividend date is Thursday, December 3rd. Linde’s dividend payout ratio (DPR) is currently 41.34%.
About Linde
Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.
Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.
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