Illinois Municipal Retirement Fund Has $5.88 Million Stock Holdings in Linde PLC $LIN

Illinois Municipal Retirement Fund trimmed its position in Linde PLC (NASDAQ:LIN) by 16.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,382 shares of the basic materials company’s stock after selling 2,403 shares during the period. Illinois Municipal Retirement Fund’s holdings in Linde were worth $5,881,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of Linde during the second quarter valued at approximately $25,000. Marquette Asset Management LLC acquired a new stake in Linde in the 3rd quarter valued at $27,000. YANKCOM Partnership grew its position in Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 41 shares during the period. Guerra Advisors Inc bought a new stake in Linde during the 3rd quarter valued at $30,000. Finally, Albion Financial Group UT raised its holdings 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 buying an additional 36 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 6th. Royal Bank Of Canada dropped 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. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a report on Tuesday. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a research note on Tuesday. Finally, Mizuho set a $525.00 target price on Linde in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Linde currently has a consensus rating of “Moderate Buy” and an average target price of $508.20.

Linde Trading Up 1.7%

Shares of LIN stock opened at $481.00 on Friday. Linde PLC has a 52-week low of $387.78 and a 52-week high of $488.54. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. The company has a 50-day simple moving average of $437.28 and a two-hundred day simple moving average of $447.72. The company has a market capitalization of $224.60 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 3.11 and a beta of 0.84.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping 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 analysts’ expectations of $8.64 billion. During the same quarter last year, the firm earned $3.97 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal 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.