Baader Bank Aktiengesellschaft Reduces Holdings in Linde PLC $LIN

Baader Bank Aktiengesellschaft lessened its stake in Linde PLC (NASDAQ:LIN) by 7.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,412 shares of the basic materials company’s stock after selling 7,261 shares during the period. Linde comprises 2.9% of Baader Bank Aktiengesellschaft’s portfolio, making the stock its 5th biggest holding. Baader Bank Aktiengesellschaft’s holdings in Linde were worth $45,812,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Linde during the 2nd quarter worth approximately $3,098,772,000. Assenagon Asset Management S.A. boosted its stake 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 boosted its stake in Linde by 18.5% during the second 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 buying an additional 463,977 shares in the last quarter. ABN AMRO Bank N.V. bought a new stake in Linde in the 2nd quarter valued at $187,359,000. Finally, Neuberger Berman Group LLC raised 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 buying an additional 370,261 shares in the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LIN. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a research note on Tuesday. Morgan Stanley reissued an “overweight” rating and issued a $530.00 target price on shares of Linde in a report on Friday. CICC Research started coverage on Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Royal Bank Of Canada lowered their price target on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $516.00 price objective on shares of Linde in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $508.20.

Linde Trading Up 0.9%

LIN stock opened at $460.51 on Wednesday. The business has a fifty day moving average price of $433.10 and a 200 day moving average price of $447.31. 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 fifty-two week low of $387.78 and a fifty-two week high of $486.38. The stock has a market capitalization of $215.04 billion, a price-to-earnings ratio of 31.56, a P/E/G ratio of 3.00 and a beta of 0.84.

Linde (NASDAQ:LIN) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 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 analysts’ expectations of $8.64 billion. During the same quarter in the prior year, the business earned $3.97 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. 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 fiscal year.

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.