Linde PLC $LIN Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC reduced its stake in Linde PLC (NASDAQ:LIN) by 6.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,606 shares of the basic materials company’s stock after selling 1,522 shares during the period. Metis Global Partners LLC’s holdings in Linde were worth $10,263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in Linde during the 2nd quarter worth about $25,000. Marquette Asset Management LLC acquired a new position in shares of Linde during the third quarter worth about $27,000. YANKCOM Partnership increased its stake in shares of Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after buying an additional 41 shares during the period. Guerra Advisors Inc acquired a new stake in Linde in the third quarter valued at approximately $30,000. Finally, Albion Financial Group UT raised its holdings in Linde by 87.8% in the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 36 shares in the last quarter. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Linde Price Performance

Shares of NASDAQ:LIN opened at $472.86 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $486.38. The firm has a market capitalization of $220.80 billion, a P/E ratio of 32.41, a P/E/G ratio of 3.07 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The company’s fifty day moving average price is $435.65 and its 200 day moving average price is $447.63.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter last year, the company posted $3.97 earnings per share. The business’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. As a group, sell-side analysts predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on LIN. Royal Bank Of Canada dropped their price objective 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. UBS Group boosted their target price on shares of Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Morgan Stanley restated an “overweight” rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. CICC Research assumed coverage on Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $455.00 price objective on shares of Linde in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Linde has a consensus rating of “Moderate Buy” and an average target price of $508.20.

About Linde

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.