Sigma Planning Corp purchased a new stake in Linde PLC (NASDAQ:LIN – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,651 shares of the basic materials company’s stock, valued at approximately $784,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of LIN. Financial Management Professionals Inc. increased its position in Linde by 3.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 1,054 shares of the basic materials company’s stock worth $500,000 after purchasing an additional 37 shares in the last quarter. Lederer & Associates Investment Counsel CA acquired a new position in shares of Linde in the third quarter valued at approximately $2,023,000. Valley National Advisers Inc. acquired a new position in shares of Linde in the third quarter valued at approximately $96,000. Meridian Financial Partners LLC lifted its stake in shares of Linde by 1.3% during the third quarter. Meridian Financial Partners LLC now owns 2,692 shares of the basic materials company’s stock valued at $1,328,000 after buying an additional 34 shares during the period. Finally, Code Waechter LLC grew its stake in Linde by 25.9% in the 3rd quarter. Code Waechter LLC now owns 772 shares of the basic materials company’s stock worth $367,000 after acquiring an additional 159 shares during the period. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Linde Stock Up 2.2%
Shares of Linde stock opened at $514.24 on Friday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a market capitalization of $237.05 billion, a PE ratio of 34.17, a P/E/G ratio of 2.93 and a beta of 0.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.86 and a quick ratio of 0.75. The business has a 50-day moving average of $483.53 and a 200-day moving average of $492.35.
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter in the prior year, the business posted $4.21 earnings per share. Linde’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, equities analysts forecast that Linde PLC will post 17.88 EPS for the current fiscal year.
Linde Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is presently 41.34%.
Analysts Set New Price Targets
Several equities analysts recently commented on LIN shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Linde in a research note on Monday, October 19th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research note on Thursday, October 8th. Royal Bank Of Canada boosted their target price on shares of Linde from $549.00 to $568.00 and gave the company an “outperform” rating in a report on Friday. Deutsche Bank Aktiengesellschaft cut their price target on shares of Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Finally, Mizuho set a $583.00 price target on shares of Linde in a report on Thursday. One equities research 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $550.14.
Read Our Latest Analysis on LIN
Linde News Summary
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 Company 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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