MeadowBrook Investment Advisors LLC purchased a new position in shares of Linde PLC (NASDAQ:LIN – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 3,384 shares of the basic materials company’s stock, valued at approximately $1,727,000. Linde accounts for about 1.4% of MeadowBrook Investment Advisors LLC’s holdings, making the stock its 17th biggest position.
A number of other hedge funds have also bought and sold shares of LIN. State Street Corp increased its holdings in Linde by 3.7% in the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after buying an additional 719,052 shares during the last quarter. Amundi grew its position in shares of Linde by 13.4% in the 1st quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after acquiring an additional 373,012 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Linde by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after acquiring an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Linde by 28.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after acquiring an additional 361,664 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Linde by 6.6% during the 1st quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after acquiring an additional 85,360 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.
Linde Price Performance
Shares of NASDAQ LIN opened at $514.24 on Monday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.86 and a quick ratio of 0.72. The business’s fifty day moving average price is $483.53 and its two-hundred day moving average price is $492.35. The firm has a market capitalization of $237.05 billion, a PE ratio of 34.17, a P/E/G ratio of 3.00 and a beta of 0.71.
Linde Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 3rd. Linde’s dividend payout ratio (DPR) is 42.52%.
Key Stories 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.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on LIN. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. Argus lowered their target price on shares of Linde from $563.00 to $538.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Royal Bank Of Canada increased their target price on shares of Linde from $549.00 to $568.00 and gave the stock an “outperform” rating in a report on Friday. UBS Group reduced their price target on shares of Linde from $612.00 to $574.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, Jefferies Financial Group lifted their price target on shares of Linde from $535.00 to $560.00 and gave the company a “buy” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $550.14.
View Our Latest Analysis on Linde
Linde Company Profile
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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