Linde PLC $LIN Stock Position Reduced by ING Groep NV

ING Groep NV decreased its position in Linde PLC (NASDAQ:LIN) by 10.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 512,992 shares of the basic materials company’s stock after selling 61,016 shares during the quarter. Linde accounts for approximately 1.3% of ING Groep NV’s holdings, making the stock its 14th largest position. ING Groep NV owned 0.11% of Linde worth $243,671,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in Linde in the second quarter worth $25,000. Marquette Asset Management LLC acquired a new position in shares of Linde in the 3rd quarter valued at about $27,000. YANKCOM Partnership grew its position in shares of Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after buying an additional 41 shares during the last quarter. Guerra Advisors Inc acquired a new stake in Linde during the third quarter worth about $30,000. Finally, Albion Financial Group UT raised its stake in Linde by 87.8% during the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 36 shares during the period. 82.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LIN has been the subject of a number of research reports. Sanford C. Bernstein restated an “outperform” rating and issued a $516.00 target price on shares of Linde in a research note on Monday, November 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Linde in a report on Monday, December 29th. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 price objective on shares of Linde in a research note on Friday, February 6th. Royal Bank Of Canada dropped their target price on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, Mizuho set a $525.00 target price on Linde in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $508.20.

Linde Stock Performance

Shares of LIN stock opened at $460.51 on Wednesday. Linde PLC has a 12-month low of $387.78 and a 12-month high of $486.38. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The firm has a market capitalization of $215.04 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 3.00 and a beta of 0.84. The business has a 50 day simple moving average of $433.10 and a 200 day simple moving average of $447.31.

Linde (NASDAQ:LIN) last announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the previous year, the firm posted $3.97 EPS. The firm’s quarterly revenue 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, equities research analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

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.