ABN AMRO Bank N.V. Purchases 105,465 Shares of Linde PLC $LIN

ABN AMRO Bank N.V. lifted its position in shares of Linde PLC (NASDAQ:LIN) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 502,477 shares of the basic materials company’s stock after purchasing an additional 105,465 shares during the period. Linde accounts for approximately 2.3% of ABN AMRO Bank N.V.’s investment portfolio, making the stock its 14th biggest holding. ABN AMRO Bank N.V. owned approximately 0.11% of Linde worth $237,948,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Canopy Partners LLC grew its stake in shares of Linde by 2.9% in the second quarter. Canopy Partners LLC now owns 788 shares of the basic materials company’s stock valued at $370,000 after acquiring an additional 22 shares in the last quarter. Mitchell Sinkler & Starr PA boosted its holdings in Linde by 1.9% in the 2nd quarter. Mitchell Sinkler & Starr PA now owns 1,192 shares of the basic materials company’s stock valued at $559,000 after purchasing an additional 22 shares during the period. Clarendon Private LLC grew its position in shares of Linde by 1.0% during the 2nd quarter. Clarendon Private LLC now owns 2,273 shares of the basic materials company’s stock worth $1,066,000 after purchasing an additional 22 shares in the last quarter. Sound Financial Strategies Group LLC increased its holdings in shares of Linde by 1.4% during the second quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock worth $767,000 after purchasing an additional 22 shares during the period. Finally, Shepherd Financial Partners LLC raised its position in shares of Linde by 4.5% in the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock valued at $238,000 after buying an additional 22 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on LIN shares. Royal Bank Of Canada reduced their price target on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $516.00 target price on shares of Linde in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Linde in a report on Monday, December 29th. Mizuho set a $495.00 price target on Linde in a research report on Thursday, December 11th. Finally, Citigroup boosted their price target on Linde from $520.00 to $540.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $501.75.

Linde Price Performance

Shares of LIN stock opened at $473.33 on Thursday. The business has a fifty day simple moving average of $429.29 and a 200 day simple moving average of $447.90. The company has a market cap of $221.02 billion, a P/E ratio of 31.70, a P/E/G ratio of 3.25 and a beta of 0.84. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.46. Linde PLC has a twelve month low of $387.78 and a twelve month high of $486.38.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a net margin of 21.17% and a return on equity of 19.38%. The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. 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, sell-side analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal 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.