Rhumbline Advisers Grows Position in Linde PLC $LIN

Rhumbline Advisers raised its holdings in Linde PLC (NASDAQ:LIN) by 1.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 820,368 shares of the basic materials company’s stock after acquiring an additional 8,113 shares during the quarter. Rhumbline Advisers’ holdings in Linde were worth $389,675,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC acquired a new position in Linde during the fourth quarter worth about $2,752,000. Revolve Wealth Partners LLC boosted its stake in shares of Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Linde by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after acquiring an additional 259 shares during the period. CWM LLC increased its stake in Linde by 2.1% in the 2nd quarter. CWM LLC now owns 11,417 shares of the basic materials company’s stock valued at $5,357,000 after purchasing an additional 233 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in Linde by 21.2% during the second quarter. Sequoia Financial Advisors LLC now owns 14,838 shares of the basic materials company’s stock worth $6,962,000 after purchasing an additional 2,596 shares during the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on LIN. CICC Research began coverage on Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Citigroup lifted their target price on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday. Mizuho set a $525.00 price target on shares of Linde in a report on Friday. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Linde currently has an average rating of “Moderate Buy” and a consensus price target of $508.20.

Linde Price Performance

NASDAQ:LIN opened at $460.51 on Wednesday. Linde PLC has a 12-month low of $387.78 and a 12-month high of $486.38. The firm has a market cap of $215.04 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 3.00 and a beta of 0.84. The company’s 50-day moving average is $433.10 and its two-hundred day moving average is $447.31. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52.

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, beating analysts’ consensus estimates of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts expect that Linde PLC will post 16.54 EPS for the current year.

Linde Company 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.