8,682 Shares in Linde PLC $LIN Bought by Greenleaf Trust

Greenleaf Trust bought a new position in Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,682 shares of the basic materials company’s stock, valued at approximately $4,121,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nippon Life Global Investors Americas Inc. bought a new position in Linde in the 3rd quarter worth $32,794,000. MeadowBrook Investment Advisors LLC bought a new stake in Linde during the third quarter valued at about $1,727,000. Austin Asset Management Co Inc bought a new stake in Linde during the third quarter valued at about $803,000. Sumitomo Mitsui Trust Group Inc. bought a new stake in Linde during the third quarter valued at about $611,786,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Linde in the third quarter valued at about $201,880,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

NASDAQ LIN opened at $514.24 on Monday. The stock has a market cap of $237.05 billion, a P/E ratio of 34.17, a PEG ratio of 3.00 and a beta of 0.71. The company’s 50-day simple moving average is $483.53 and its 200 day simple moving average is $492.35. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a quick ratio of 0.72, a current ratio of 0.86 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.52 by $0.07. The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.16 billion. Linde had a net margin of 19.34% and a return on equity of 20.32%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.21 earnings per share. As a group, research analysts forecast that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, December 3rd. Linde’s dividend payout ratio is currently 42.52%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LIN. DZ Bank reiterated a “neutral” rating on shares of Linde in a research note on Thursday, August 6th. Argus cut their price objective on Linde from $563.00 to $538.00 and set a “buy” rating for the company in a research report on Monday, September 28th. The Goldman Sachs Group set a $580.00 target price on Linde and gave the company a “buy” rating in a research note on Monday, August 10th. Bank of America increased their price objective on Linde from $532.00 to $550.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $550.14.

Key Headlines Impacting Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
• Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
• Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
• Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.

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.