Caprock Group LLC Takes Position in Linde PLC $LIN

Caprock Group LLC bought a new position in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,872 shares of the basic materials company’s stock, valued at approximately $4,243,000.

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

Linde Price Performance

Linde stock opened at $467.51 on Thursday. The stock has a 50-day moving average price of $434.27 and a two-hundred day moving average price of $447.45. Linde PLC has a 12 month low of $387.78 and a 12 month high of $486.38. The company has a market capitalization of $218.30 billion, a PE ratio of 32.04, a P/E/G ratio of 3.03 and a beta of 0.84. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.02. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Analysts expect that Linde PLC will post 16.54 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently commented on LIN. CICC Research started coverage on Linde in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 price target for the company. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price target on shares of Linde in a report on Monday, November 3rd. Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Tuesday. Finally, Morgan Stanley restated an “overweight” rating and set a $530.00 target price on shares of Linde in a research note 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 issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $508.20.

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.