Linde PLC $LIN Shares Acquired by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations increased its position in shares of Linde PLC (NASDAQ:LIN) by 4.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 735,746 shares of the basic materials company’s stock after acquiring an additional 31,660 shares during the quarter. Linde accounts for 14.8% of Caisse Des Depots ET Consignations’ portfolio, making the stock its largest holding. Caisse Des Depots ET Consignations’ holdings in Linde were worth $349,479,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Sound Financial Strategies Group LLC lifted its holdings in shares of Linde by 1.4% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock worth $767,000 after acquiring an additional 22 shares during the period. Shepherd Financial Partners LLC lifted its stake in Linde by 4.5% during the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after purchasing an additional 22 shares during the last quarter. Embree Financial Group boosted its holdings in shares of Linde by 4.9% in the 3rd quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 22 shares in the last quarter. Binnacle Investments Inc increased its stake in shares of Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the last quarter. Finally, Hoge Financial Services LLC raised its holdings in shares of Linde by 4.0% during the 2nd quarter. Hoge Financial Services LLC now owns 598 shares of the basic materials company’s stock worth $281,000 after buying an additional 23 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LIN has been the topic of several research analyst reports. Royal Bank Of Canada reduced their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $455.00 target price on shares of Linde in a report on Friday, February 6th. UBS Group lifted their price target on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a report on Friday, February 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Linde in a research report on Monday, December 29th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $516.00 target price on shares of Linde in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $508.20.

Linde Stock Performance

Linde stock opened at $467.51 on Thursday. The business has a 50 day moving average of $434.27 and a 200-day moving average of $447.45. The company has a market capitalization of $218.30 billion, a P/E ratio of 32.04, a P/E/G ratio of 3.03 and a beta of 0.84. Linde PLC has a 1 year low of $387.78 and a 1 year high of $486.38. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion for 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 for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, equities research analysts predict that Linde PLC will post 16.54 earnings per share 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.