Public Sector Pension Investment Board Buys 96,439 Shares of Linde PLC $LIN

Public Sector Pension Investment Board lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 23.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 506,855 shares of the basic materials company’s stock after acquiring an additional 96,439 shares during the quarter. Linde comprises approximately 0.9% of Public Sector Pension Investment Board’s holdings, making the stock its 16th largest position. Public Sector Pension Investment Board owned about 0.11% of Linde worth $240,756,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Markel Group Inc. boosted its holdings in Linde by 3.1% during the second quarter. Markel Group Inc. now owns 186,600 shares of the basic materials company’s stock valued at $87,549,000 after acquiring an additional 5,600 shares during the period. National Pension Service increased its stake in shares of Linde by 2.6% in the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after purchasing an additional 24,624 shares during the period. Caprock Group LLC acquired a new position in shares of Linde during the 3rd quarter worth about $4,243,000. Cerity Partners LLC boosted its stake in Linde by 12.3% during the 3rd quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock valued at $97,526,000 after purchasing an additional 22,489 shares during the period. Finally, OMERS ADMINISTRATION Corp grew its holdings in Linde by 27.2% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock valued at $195,649,000 after buying an additional 89,129 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $530.00 price target on shares of Linde in a report on Friday, February 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $455.00 target price on shares of Linde in a research report on Friday, February 6th. CICC Research assumed coverage on shares of Linde in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target for the company. Citigroup raised their price target on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, UBS Group boosted their price objective on shares of Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $508.20.

Linde Stock Performance

Shares of NASDAQ LIN opened at $472.86 on Friday. The firm has a market capitalization of $220.80 billion, a price-to-earnings ratio of 32.41, a PEG ratio of 3.07 and a beta of 0.84. Linde PLC has a one year low of $387.78 and a one year high of $486.38. The business has a fifty day simple moving average of $435.65 and a 200 day simple moving average of $447.63. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52.

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, beating the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.76 billion for 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 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. Sell-side analysts expect 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.