Markel Group Inc. lifted its position in Linde PLC (NASDAQ:LIN – Free Report) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,850 shares of the basic materials company’s stock after purchasing an additional 6,250 shares during the quarter. Markel Group Inc.’s holdings in Linde were worth $91,604,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of Linde in the 4th quarter valued at approximately $2,752,000. Revolve Wealth Partners LLC raised its stake in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 96 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Linde by 19.8% during 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 during the period. LVW Advisors LLC acquired a new stake in shares of Linde in the 2nd quarter valued at $201,000. Finally, Avior Wealth Management LLC grew its holdings in shares of Linde by 75.8% in the 2nd quarter. Avior Wealth Management LLC now owns 1,510 shares of the basic materials company’s stock worth $708,000 after purchasing an additional 651 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.
Analyst Ratings Changes
LIN has been the topic of a number of recent analyst reports. Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Citigroup boosted their target price on Linde from $520.00 to $540.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Linde in a report on Monday, December 29th. UBS Group reissued a “buy” rating on shares of Linde in a research note on Friday, December 12th. Finally, BMO Capital Markets set a $501.00 target price on Linde in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Linde currently has a consensus rating of “Buy” and an average target price of $501.75.
Linde Stock Up 0.8%
NASDAQ LIN opened at $455.03 on Tuesday. The stock has a market capitalization of $212.48 billion, a P/E ratio of 30.48, a price-to-earnings-growth ratio of 3.17 and a beta of 0.85. Linde PLC has a 52 week low of $387.78 and a 52 week high of $486.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.69 and a current ratio of 0.82. The stock has a fifty day moving average of $422.47 and a 200-day moving average of $448.03.
Linde (NASDAQ:LIN – Get Free Report) last posted its quarterly earnings results on Friday, October 31st. The basic materials company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.03. The business had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.62 billion. Linde had a return on equity of 19.38% and a net margin of 21.17%.The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business earned $3.94 earnings per share. Linde has set its FY 2025 guidance at 16.350-16.450 EPS and its Q4 2025 guidance at 4.100-4.200 EPS. On average, equities research analysts forecast that Linde PLC will post 16.54 EPS for the current year.
Linde Company 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.
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