Linde PLC $LIN Shares Newly Acquired by Heritage Investors Management Corp

Heritage Investors Management Corp purchased a new position in Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,905 shares of the basic materials company’s stock, valued at approximately $8,499,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Greenleaf Trust purchased a new position in Linde in the third quarter worth $4,121,000. Nippon Life Global Investors Americas Inc. acquired a new position in shares of Linde in the third quarter valued at about $32,794,000. MeadowBrook Investment Advisors LLC purchased a new position in Linde during the 3rd quarter worth approximately $1,727,000. Austin Asset Management Co Inc purchased a new position in shares of Linde during the third quarter worth $803,000. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new stake in Linde during the 3rd quarter worth about $611,786,000. 82.80% of the stock is currently owned by institutional investors.

Linde Stock Performance

Shares of Linde stock opened at $514.24 on Monday. The firm has a 50-day simple moving average of $483.53 and a two-hundred day simple moving average of $492.35. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.72 and a current ratio of 0.86. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a market cap of $237.05 billion, a P/E ratio of 34.17, a price-to-earnings-growth ratio of 3.00 and a beta of 0.71.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, beating the consensus estimate of $4.52 by $0.07. The firm had revenue of $9.40 billion during the quarter, compared to analyst estimates of $9.16 billion. Linde had a return on equity of 20.32% and a net margin of 19.34%. Linde’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.21 EPS. As a group, equities analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid 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 of this dividend is Thursday, December 3rd. Linde’s dividend payout ratio is presently 42.52%.

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.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LIN. Citigroup lifted their price objective on Linde from $560.00 to $580.00 and gave the company a “buy” rating in a research note on Friday. Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research note on Monday, October 5th. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a report on Thursday, October 8th. DZ Bank restated a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. Finally, Bank of America raised their price objective on shares of Linde from $532.00 to $550.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $550.14.

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.