Tredje AP fonden Has $31.16 Million Position in Linde PLC $LIN

Tredje AP fonden lessened its holdings in Linde PLC (NASDAQ:LIN) by 10.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,600 shares of the basic materials company’s stock after selling 8,000 shares during the quarter. Tredje AP fonden’s holdings in Linde were worth $31,160,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Caprock Group LLC bought a new position in shares of Linde during the 3rd quarter worth approximately $4,243,000. Markel Group Inc. increased its position in shares of Linde by 3.1% during the second quarter. Markel Group Inc. now owns 186,600 shares of the basic materials company’s stock valued at $87,549,000 after acquiring an additional 5,600 shares during the last quarter. National Pension Service lifted its holdings in Linde by 2.6% during the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after acquiring an additional 24,624 shares during the period. Cerity Partners LLC boosted its position in Linde by 12.3% in the third quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock worth $97,526,000 after purchasing an additional 22,489 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp grew its stake in Linde by 27.2% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock valued at $195,649,000 after purchasing an additional 89,129 shares during the period. Institutional investors own 82.80% of the company’s stock.

Insider Activity at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is owned by insiders.

Linde Price Performance

Shares of NASDAQ:LIN opened at $496.51 on Friday. The firm has a market capitalization of $231.84 billion, a PE ratio of 34.03, a P/E/G ratio of 3.22 and a beta of 0.84. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $446.15 and a two-hundred day moving average price of $448.49. Linde PLC has a twelve month low of $387.78 and a twelve month high of $498.35.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. Linde’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities analysts forecast that Linde PLC will post 16.54 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research note on Tuesday, February 10th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Erste Group Bank raised shares of Linde from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 price target on shares of Linde in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Linde has a consensus rating of “Buy” and a consensus target price of $508.20.

About Linde

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.