Jackson Square Partners LLC Lowers Holdings in Linde PLC $LIN

Jackson Square Partners LLC lowered its position in Linde PLC (NASDAQ:LIN) by 24.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,720 shares of the basic materials company’s stock after selling 1,894 shares during the quarter. Jackson Square Partners LLC’s holdings in Linde were worth $2,717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in Linde during the 2nd quarter worth about $3,098,772,000. Assenagon Asset Management S.A. lifted its position in shares of Linde by 82.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock worth $799,543,000 after purchasing an additional 760,954 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of Linde by 18.5% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,972,515 shares of the basic materials company’s stock valued at $1,394,198,000 after purchasing an additional 463,977 shares in the last quarter. ABN AMRO Bank N.V. purchased a new position in Linde during the second quarter valued at approximately $187,359,000. Finally, Neuberger Berman Group LLC raised its stake in Linde by 48.7% in the second quarter. Neuberger Berman Group LLC now owns 1,131,132 shares of the basic materials company’s stock worth $530,617,000 after buying an additional 370,261 shares in the last quarter. 82.80% of the stock is owned by institutional investors.

Linde News Roundup

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Q4 results beat estimates: adjusted EPS $4.20 (vs. $4.18 consensus) and revenue $8.76B (+6% YoY), showing margin resilience and underlying demand. Businesswire: Linde Reports Full-Year and Fourth-Quarter 2025 Results
• Positive Sentiment: Full-year operating profit reported at $8.9B, indicating solid profitability for 2025. Gasworld: Linde reports full year operating profit of $8.9bn
• Positive Sentiment: Company cites record backlog and restructuring initiatives as drivers of steady growth and the 2026 outlook (EPS target $17.40–$17.90). MSN: Linde sees another year of steady growth as Q4 results beat forecasts
• Neutral Sentiment: Management set FY2026 EPS guidance at $17.40–$17.90 and Q1 at $4.20–$4.30 — roughly in line with consensus but tight to the low side of estimates, leaving little upside surprise potential. Linde FY2026 guidance (slide deck)
• Neutral Sentiment: JPMorgan reaffirmed a “neutral” rating with a $455 price target (only modest upside from current levels), signaling limited near-term analyst-driven buy pressure. Benzinga: JPMorgan reaffirms neutral on Linde
• Negative Sentiment: Market reaction: shares fell after guidance was viewed as disappointing relative to expectations despite the earnings beat; coverage and headlines highlighted the guidance miss. Investing.com: Linde shares fall over 2% as 2026 guidance disappoints
• Negative Sentiment: Operational/headcount action: Linde announced engineering job cuts as it addresses supply-chain challenges — short-term disruption and execution risk that can worry investors. Gasworld: Linde cuts jobs in engineering

Linde Price Performance

Shares of LIN stock opened at $448.24 on Friday. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $486.38. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.69 and a current ratio of 0.88. The firm has a market capitalization of $209.31 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 3.15 and a beta of 0.84. The stock’s 50-day simple moving average is $431.09 and its 200-day simple moving average is $447.66.

Linde (NASDAQ:LIN) last released 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 20.30% and a return on equity of 19.52%. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period last year, the business earned $3.97 EPS. Linde’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. As a group, equities analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

LIN has been the topic of several recent research reports. Citigroup increased their target price on Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research report on Friday. Royal Bank Of Canada dropped their price objective 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 issued a $516.00 target price on shares of Linde in a report on Monday, November 3rd. Mizuho set a $525.00 price target on shares of Linde in a report on Friday. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $455.00 price objective on shares of Linde in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $513.56.

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.