Inspire Trust Co. N.A. Has $4.75 Million Stake in Linde PLC $LIN

Inspire Trust Co. N.A. boosted its holdings in Linde PLC (NASDAQ:LIN) by 18.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the basic materials company’s stock after buying an additional 1,550 shares during the period. Inspire Trust Co. N.A.’s holdings in Linde were worth $4,750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LIN. Vanguard Group Inc. raised its position in shares of Linde by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock valued at $20,943,654,000 after acquiring an additional 292,492 shares during the last quarter. Norges Bank acquired a new stake in shares of Linde during the second quarter worth $3,098,772,000. Invesco Ltd. grew its stake in shares of Linde by 4.8% during the second quarter. Invesco Ltd. now owns 4,044,833 shares of the basic materials company’s stock worth $1,897,755,000 after purchasing an additional 185,294 shares during the period. Franklin Resources Inc. increased its holdings in Linde by 0.7% in the second quarter. Franklin Resources Inc. now owns 3,718,376 shares of the basic materials company’s stock valued at $1,744,588,000 after purchasing an additional 24,046 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Linde by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 3,605,118 shares of the basic materials company’s stock valued at $1,690,961,000 after buying an additional 40,216 shares during the period. 82.80% of the stock is owned by institutional investors.

Linde Price Performance

Shares of NASDAQ LIN opened at $496.51 on Friday. The firm has a market cap of $231.85 billion, a PE ratio of 34.03, a PEG ratio of 3.26 and a beta of 0.84. 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 PLC has a 1-year low of $387.78 and a 1-year high of $498.35. The company has a fifty day moving average price of $446.15 and a 200 day moving average price of $448.34.

Linde (NASDAQ:LIN) last released 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. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $3.97 EPS. 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 predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Citigroup raised their target price on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. CICC Research started coverage on shares of Linde in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research note on Tuesday, February 10th. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday. Finally, Mizuho set a $525.00 target price on shares of Linde in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Linde has a consensus rating of “Buy” and a consensus target price of $508.20.

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.