Cibc World Market Inc. Buys 1,673 Shares of Linde PLC $LIN

Cibc World Market Inc. raised its stake in Linde PLC (NASDAQ:LIN) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,850 shares of the basic materials company’s stock after acquiring an additional 1,673 shares during the period. Cibc World Market Inc.’s holdings in Linde were worth $27,954,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Darwin Wealth Management LLC bought a new stake in shares of Linde in the 2nd quarter worth about $25,000. Marquette Asset Management LLC acquired a new position in Linde in the third quarter valued at about $27,000. YANKCOM Partnership grew its stake in Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after buying an additional 41 shares during the last quarter. Guerra Advisors Inc acquired a new stake in shares of Linde during the third quarter worth approximately $30,000. Finally, Albion Financial Group UT increased its holdings in shares of Linde by 87.8% during the third quarter. Albion Financial Group UT now owns 77 shares of the basic materials company’s stock worth $37,000 after buying an additional 36 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Linde stock opened at $467.51 on Thursday. The company has a market cap of $218.30 billion, a PE ratio of 32.04, a PEG 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 PLC has a 1 year low of $387.78 and a 1 year high of $486.38. The company’s 50-day moving average is $434.27 and its two-hundred day moving average is $447.45.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same period in the previous year, the firm posted $3.97 earnings per share. Linde’s revenue for the quarter was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts anticipate that Linde PLC will post 16.54 earnings per share for the current year.

Analysts Set New Price Targets

LIN has been the topic of several recent analyst reports. Royal Bank Of Canada reduced their target price on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a report on Friday, December 12th. CICC Research began coverage on Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $516.00 price target on shares of Linde in a research report on Monday, November 3rd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $455.00 price objective on shares of Linde in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $508.20.

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.