425,323 Shares of Linde PLC $LIN Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in Linde PLC (NASDAQ:LIN) in the third quarter, Holdings Channel reports. The institutional investor bought 425,323 shares of the basic materials company’s stock, valued at approximately $201,880,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Flossbach Von Storch SE bought a new position in Linde in the 2nd quarter valued at $438,525,000. State Street Corp increased its stake in shares of Linde by 3.7% in the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock valued at $10,558,016,000 after buying an additional 719,052 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of Linde by 162.9% in the first quarter. Hsbc Holdings PLC now owns 1,097,110 shares of the basic materials company’s stock valued at $543,951,000 after buying an additional 679,738 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Linde by 394.8% in the first quarter. Renaissance Technologies LLC now owns 629,820 shares of the basic materials company’s stock valued at $312,240,000 after buying an additional 502,520 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Linde by 2,320.1% in the first quarter. Bessemer Group Inc. now owns 464,011 shares of the basic materials company’s stock valued at $230,038,000 after buying an additional 444,838 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LIN. Citigroup upped their price target on shares of Linde from $560.00 to $580.00 and gave the stock a “buy” rating in a research report on Friday. Mizuho set a $583.00 target price on shares of Linde in a research note on Thursday. Argus reduced their target price on shares of Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research report on Monday, September 28th. Berenberg Bank reissued a “buy” rating on shares of Linde in a research note on Tuesday, August 4th. Finally, KeyCorp raised their price target on shares of Linde from $542.00 to $545.00 and gave the company an “overweight” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Linde presently has a consensus rating of “Moderate Buy” and an average price target of $550.14.

Key Stories Impacting Linde

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 Stock Up 2.2%

NASDAQ:LIN opened at $514.24 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 0.50. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The stock’s fifty day simple moving average is $483.53 and its 200-day simple moving average is $492.35. The firm has a market capitalization of $237.05 billion, a P/E ratio of 34.17, a P/E/G ratio of 3.00 and a beta of 0.71.

Linde (NASDAQ:LIN) last released its quarterly earnings data 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 business 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 company posted $4.21 earnings per share. The firm’s revenue was up 9.3% on a year-over-year basis. Equities research analysts expect that Linde PLC will post 17.88 earnings per share for the current year.

Linde Announces Dividend

The business also recently announced 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. 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 presently 41.34%.

About Linde

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.