Aberdeen Group plc Sells 85,415 Shares of Linde PLC $LIN

Aberdeen Group plc lowered its holdings in Linde PLC (NASDAQ:LIN) by 14.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 497,258 shares of the basic materials company’s stock after selling 85,415 shares during the quarter. Aberdeen Group plc owned about 0.11% of Linde worth $236,941,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Caprock Group LLC bought a new stake in Linde during the 3rd quarter worth about $4,243,000. Markel Group Inc. grew its position in shares of Linde by 3.1% during the 2nd quarter. Markel Group Inc. now owns 186,600 shares of the basic materials company’s stock worth $87,549,000 after buying an additional 5,600 shares during the period. National Pension Service raised its stake in shares of Linde by 2.6% during the third quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after buying an additional 24,624 shares during the last quarter. Cerity Partners LLC lifted its holdings in Linde by 12.3% in the third quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock valued at $97,526,000 after buying an additional 22,489 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its holdings in Linde by 27.2% in the second quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock valued at $195,649,000 after buying an additional 89,129 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on LIN shares. CICC Research initiated coverage on shares of Linde in a report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $455.00 price objective on shares of Linde in a research note on Friday, February 6th. Royal Bank Of Canada cut their target price on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. Citigroup raised their target price on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, UBS Group upped their price target on Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $508.20.

Linde Trading Up 1.7%

NASDAQ:LIN opened at $481.00 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. The business’s 50-day simple moving average is $437.28 and its 200-day simple moving average is $447.55. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $488.54. The stock has a market capitalization of $224.60 billion, a PE ratio of 32.97, a price-to-earnings-growth ratio of 3.16 and a beta of 0.84.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. During the same period in the prior year, the business earned $3.97 EPS. 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. Sell-side analysts expect that Linde PLC will post 16.54 earnings per share for the current fiscal 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.