Fiera Capital Corp Sells 3,313 Shares of Linde PLC $LIN

Fiera Capital Corp cut its stake in Linde PLC (NASDAQ:LIN) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 358,063 shares of the basic materials company’s stock after selling 3,313 shares during the period. Fiera Capital Corp owned 0.08% of Linde worth $170,080,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of LIN. Norges Bank acquired a new position in shares of Linde during the second quarter valued at $3,098,772,000. Assenagon Asset Management S.A. increased its position in Linde by 82.5% in 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 purchasing an additional 760,954 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings 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 purchasing an additional 463,977 shares during the last quarter. ABN AMRO Bank N.V. acquired a new position in Linde during the 2nd quarter valued at about $187,359,000. Finally, Neuberger Berman Group LLC boosted its stake in shares of Linde by 48.7% in 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 purchasing an additional 370,261 shares during the last quarter. 82.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LIN. Citigroup raised their price objective on shares of Linde from $540.00 to $545.00 and gave the company 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 report on Friday, February 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $516.00 target price on shares of Linde in a research note on Monday, November 3rd. Weiss Ratings upgraded Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $455.00 price target on shares of Linde in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $508.20.

Linde Trading Up 1.0%

Linde stock opened at $490.11 on Friday. The company has a market cap of $228.86 billion, a price-to-earnings ratio of 33.59, a P/E/G ratio of 3.19 and a beta of 0.84. The firm has a 50-day moving average of $444.54 and a 200-day moving average of $448.28. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a one year low of $387.78 and a one year high of $490.55.

Linde (NASDAQ:LIN) last posted its quarterly 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 business had revenue of $8.76 billion during 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%.Linde’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company 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. On average, equities analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Insider Activity

In related news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. This trade represents a 29.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is currently owned by insiders.

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.