Americana Partners LLC raised its stake in Linde PLC (NASDAQ:LIN – Free Report) by 4.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 44,325 shares of the basic materials company’s stock after acquiring an additional 1,832 shares during the quarter. Americana Partners LLC’s holdings in Linde were worth $21,039,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID increased its position in shares of Linde by 96.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 28 shares during the last quarter. Principia Wealth Advisory LLC raised its holdings in shares of Linde by 74.2% during the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 23 shares during the period. Marquette Asset Management LLC bought a new stake in shares of Linde in the 3rd quarter worth approximately $29,000. Manning & Napier Advisors LLC boosted its holdings in shares of Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 58 shares during the period. Finally, Polaris Financial Partners acquired a new stake in shares of Linde in the third quarter valued at approximately $31,000. 82.80% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on LIN. DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research note on Thursday, August 6th. KeyCorp raised their price objective on shares of Linde from $542.00 to $545.00 and gave the company an “overweight” rating in a research note on Friday. Barclays boosted their target price on Linde from $577.00 to $591.00 and gave the stock an “overweight” rating in a report on Friday. Argus decreased their price target on Linde from $563.00 to $538.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Finally, Mizuho set a $583.00 price objective on Linde in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $550.14.
More Linde News
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.
Linde Price Performance
Shares of NASDAQ:LIN opened at $514.24 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The business has a fifty day simple moving average of $483.53 and a 200 day simple moving average of $492.35. The firm has a market cap of $237.05 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 2.93 and a beta of 0.71.
Linde (NASDAQ:LIN – Get Free Report) last issued its earnings results on Thursday, October 29th. The basic materials company reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.52 by $0.07. Linde had a return on equity of 20.32% and a net margin of 19.34%. The firm had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the previous year, the company posted $4.21 earnings per share. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, sell-side analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.
Linde Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be issued a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, December 3rd. Linde’s payout ratio is currently 41.34%.
Linde 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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