Savvy Advisors Inc. Boosts Holdings in Linde PLC $LIN

Savvy Advisors Inc. grew its position in Linde PLC (NASDAQ:LIN) by 114.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,700 shares of the basic materials company’s stock after purchasing an additional 1,972 shares during the period. Savvy Advisors Inc.’s holdings in Linde were worth $1,757,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sound Financial Strategies Group LLC grew its holdings in Linde by 1.4% during the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after purchasing an additional 22 shares during the last quarter. Shepherd Financial Partners LLC boosted its position in shares of Linde by 4.5% during the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock valued at $238,000 after buying an additional 22 shares during the period. Embree Financial Group grew its stake in shares of Linde by 4.9% during the third quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock valued at $223,000 after buying an additional 22 shares during the last quarter. Binnacle Investments Inc grew its stake in shares of Linde by 10.2% during the second quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after buying an additional 22 shares during the last quarter. Finally, Hoge Financial Services LLC raised its holdings in shares of Linde by 4.0% in the second quarter. Hoge Financial Services LLC now owns 598 shares of the basic materials company’s stock worth $281,000 after buying an additional 23 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN stock opened at $472.86 on Friday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $486.38. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a fifty day simple moving average of $435.65 and a two-hundred day simple moving average of $447.63. The stock has a market capitalization of $220.80 billion, a price-to-earnings ratio of 32.41, a P/E/G ratio of 3.07 and a beta of 0.84.

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 the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter last year, the firm posted $3.97 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LIN. CICC Research initiated coverage on Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. Sanford C. Bernstein reiterated an “outperform” rating and issued a $516.00 target price on shares of Linde in a research note on Monday, November 3rd. Royal Bank Of Canada lowered their target price on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research note on Friday, December 12th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a report on Tuesday. Finally, Mizuho set a $525.00 price target on shares of Linde in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $508.20.

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.