Linde PLC $LIN Shares Newly Purchased by Conning Inc.

Conning Inc. bought a new stake in Linde PLC (NASDAQ:LIN) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,052 shares of the basic materials company’s stock, valued at approximately $974,000.

Other institutional investors also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new position in Linde during the 3rd quarter worth $27,586,000. Busey Bank acquired a new stake in Linde in the third quarter worth $21,861,000. Asset Management One Co. Ltd. bought a new stake in Linde in the third quarter valued at $102,052,000. John Boyer Inc. bought a new stake in Linde in the third quarter valued at $47,000. Finally, SYM FINANCIAL Corp bought a new stake in Linde in the third quarter valued at $763,000. 82.80% of the stock is owned by institutional investors.

Key Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Adjusted earnings and revenue beat expectations. Linde posted adjusted EPS of $4.59, above the $4.52 consensus, while sales increased 9% year over year to $9.4 billion versus expectations of $9.16 billion. Adjusted EPS rose 9% from the prior-year quarter. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Pricing, volumes and electronics demand supported growth. Higher pricing and volume gains in the Americas, along with strong demand for gases used in semiconductor manufacturing and artificial-intelligence infrastructure, helped drive the sales increase. Management also raised its full-year 2026 earnings outlook. LIN Q3 Earnings Beat Estimates on Higher Americas Pricing and Volumes
• Positive Sentiment: Demand trends remain constructive. The earnings call highlighted continued momentum in electronics and other end markets, reinforcing the long-term growth case for Linde’s specialty and industrial gases businesses. Linde plc Q3 2026 Earnings Call Summary
• Neutral Sentiment: Reported results were mixed. GAAP net income declined 12% to $1.69 billion and diluted EPS fell 11% to $3.66, primarily reflecting purchase-accounting effects and other costs; adjusted profitability was substantially stronger.
• Negative Sentiment: Near-term guidance and restructuring costs may limit enthusiasm. Linde guided fourth-quarter adjusted EPS to $4.40–$4.50 and expects to record a $425 million restructuring charge. Investors are also evaluating strategic options for Lincare, adding uncertainty around near-term earnings and capital allocation. Linde Guides Q4 EPS and Takes Restructuring Charge

Linde Price Performance

Shares of LIN opened at $503.15 on Friday. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The stock’s fifty day moving average is $482.87 and its 200-day moving average is $492.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market capitalization of $231.94 billion, a price-to-earnings ratio of 29.48, a price-to-earnings-growth ratio of 2.96 and a beta of 0.71.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.07. The business had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.16 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.21 earnings per share. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 3rd. Linde’s dividend payout ratio is currently 41.34%.

Analyst Ratings Changes

Several research firms have recently commented on LIN. Barclays initiated coverage on shares of Linde in a research report on Monday, October 12th. They set an “overweight” rating and a $577.00 price target for the company. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the company a “buy” rating in a research report on Monday, August 10th. Argus reduced their target price on shares of Linde from $563.00 to $538.00 and set a “buy” rating for the company in a research note on Monday, September 28th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Linde in a research report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $547.48.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.