Savant Capital LLC boosted its holdings in shares of Linde PLC (NASDAQ:LIN – Free Report) by 16.6% during the 3rd quarter, Holdings Channel reports. The fund owned 10,413 shares of the basic materials company’s stock after buying an additional 1,486 shares during the period. Savant Capital LLC’s holdings in Linde were worth $4,946,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in Linde during the second quarter valued at approximately $25,000. Marquette Asset Management LLC purchased a new stake in Linde during the third quarter worth $27,000. YANKCOM Partnership boosted its position in Linde by 195.2% during the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock valued at $29,000 after acquiring an additional 41 shares in the last quarter. Guerra Advisors Inc purchased a new position in shares of Linde in the 3rd quarter valued at $30,000. Finally, Albion Financial Group UT raised its position in shares of Linde by 87.8% in the 3rd quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 36 shares in the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Mizuho set a $495.00 price objective on Linde in a research report on Thursday, December 11th. Royal Bank Of Canada decreased their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. BMO Capital Markets set a $501.00 price objective on shares of Linde in a research report on Wednesday, December 17th. CICC Research started coverage on shares of Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price objective for the company. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $501.75.
Linde Stock Performance
LIN opened at $459.69 on Friday. The company has a market cap of $214.65 billion, a P/E ratio of 30.79, a price-to-earnings-growth ratio of 3.32 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. The firm’s 50-day moving average price is $430.33 and its 200-day moving average price is $447.98. Linde PLC has a 52-week low of $387.78 and a 52-week high of $486.38.
Linde (NASDAQ:LIN – Get Free Report) 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. The company had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a net margin of 21.17% and a return on equity of 19.38%. Linde’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the business earned $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. As a group, equities analysts anticipate that Linde PLC will post 16.54 EPS for the current fiscal year.
Key Headlines Impacting Linde
Here are the key news stories impacting Linde this week:
- Positive Sentiment: Q4 results topped estimates: adjusted EPS $4.20 (vs. $4.18 consensus) and revenue rose ~6% to $8.76B, driven by higher Americas pricing and volumes — shows underlying demand and margin resilience. Linde Reports Full-Year and Fourth-Quarter 2025 Results
- Positive Sentiment: Strong full-year operating profit ($8.9B) and a record backlog underpin medium-term revenue visibility and support Linde’s investment plans. Linde reports full year operating profit of $8.9bn
- Neutral Sentiment: 2026 guidance set at $17.40–$17.90 EPS (consensus ~$17.83) and Q1 at $4.20–$4.30 (consensus ~$4.24) — broadly in line but leaves little upside vs. expectations; management cites restructuring and backlog as drivers. Linde targets $17.40–$17.90 EPS for 2026 as restructuring and record backlog drive outlook
- Negative Sentiment: Market reaction negative: shares fell after investors flagged guidance as underwhelming relative to the beat — sentiment pressured by the guidance midpoint and limited upside. Linde shares fall over 2% as 2026 guidance disappoints despite earnings beat
- Negative Sentiment: Management announced engineering job cuts as part of restructuring to control costs — could reduce near-term execution risk but raises execution and sentiment concerns. Linde cuts jobs in engineering but confident it can weather supply chain challenges
- Negative Sentiment: Some sell-side commentary remains cautious (maintained restrictive/sell ratings or trimmed price targets), amplifying downside pressure despite the beat. Shares of industrial gas giant sink on guidance — why we’re keeping our 1 rating
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.
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