Linde PLC $LIN Shares Acquired by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co raised its position in Linde PLC (NASDAQ:LIN) by 8.5% during the third quarter, HoldingsChannel.com reports. The firm owned 80,085 shares of the basic materials company’s stock after buying an additional 6,300 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Linde were worth $38,040,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Brighton Jones LLC purchased a new stake in shares of Linde during the 4th quarter valued at about $2,752,000. Revolve Wealth Partners LLC grew its position in Linde by 14.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC grew its position in Linde by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after acquiring an additional 259 shares in the last quarter. CWM LLC raised its stake in shares of Linde by 2.1% during the second 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 during the period. Finally, Cornerstone Wealth Group LLC lifted its position in shares of Linde by 18.7% during the second quarter. Cornerstone Wealth Group LLC now owns 769 shares of the basic materials company’s stock worth $361,000 after purchasing an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on LIN. Royal Bank Of Canada lowered their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a research report on Tuesday. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Mizuho set a $525.00 price target on Linde in a research note on Friday, February 6th. Finally, UBS Group increased their price target on Linde from $500.00 to $550.00 and gave the company a “buy” rating in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $508.20.

Linde Price Performance

Shares of LIN stock opened at $467.51 on Thursday. The firm has a fifty day moving average of $434.27 and a two-hundred day moving average of $447.45. The firm has a market cap 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 issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The business 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% on a year-over-year basis. During the same quarter in the prior year, the business 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. As a group, research analysts anticipate that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde 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.