Wedbush Securities Inc. Grows Stock Position in Linde PLC $LIN

Wedbush Securities Inc. raised its holdings in Linde PLC (NASDAQ:LIN) by 52.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,701 shares of the basic materials company’s stock after purchasing an additional 2,301 shares during the period. Wedbush Securities Inc.’s holdings in Linde were worth $3,183,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LIN. Darwin Wealth Management LLC acquired a new stake in Linde during the 2nd quarter valued at $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde during the third quarter valued at $27,000. YANKCOM Partnership boosted 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 valued at $29,000 after acquiring an additional 41 shares during the last quarter. Guerra Advisors Inc purchased a new stake in Linde during the 3rd quarter worth about $30,000. Finally, Albion Financial Group UT raised its stake in Linde by 87.8% in the 3rd quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 36 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LIN. Mizuho set a $525.00 price target on shares of Linde in a report on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. DZ Bank lowered Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a research note on Tuesday. Morgan Stanley restated an “overweight” rating and set a $530.00 price objective on shares of Linde in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. One investment 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $508.20.

Linde Stock Up 1.1%

Shares of NASDAQ LIN opened at $472.86 on Friday. The stock has a market capitalization of $220.80 billion, a PE ratio of 32.41, a P/E/G ratio of 3.07 and a beta of 0.84. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The firm has a fifty day moving average of $435.65 and a 200-day moving average of $447.63. Linde PLC has a 52-week low of $387.78 and a 52-week high of $486.38.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $3.97 earnings per share. 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, analysts anticipate that Linde PLC will post 16.54 EPS for the current 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.