PNC Financial Services Group Inc. Grows Holdings in Linde PLC $LIN

PNC Financial Services Group Inc. lifted its stake in shares of Linde PLC (NASDAQ:LIN) by 14.2% in the third quarter, Holdings Channel reports. The institutional investor owned 536,141 shares of the basic materials company’s stock after buying an additional 66,692 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Linde were worth $254,667,000 as of its most recent SEC filing.

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

Linde Stock Up 1.7%

Linde stock opened at $481.00 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. Linde PLC has a one year low of $387.78 and a one year high of $488.54. The company has a 50-day simple moving average of $437.28 and a 200-day simple moving average of $447.55. The firm has a market capitalization of $224.60 billion, a P/E ratio of 32.97, a P/E/G 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, beating 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 firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. During the same period in the previous year, the business posted $3.97 EPS. Linde’s revenue 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. As a group, equities analysts expect 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 a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Linde in a report on Monday, December 29th. Mizuho set a $525.00 price objective on shares of Linde in a report on Friday, February 6th. UBS Group boosted their target price on shares of Linde from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Royal Bank Of Canada reduced their price target on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research report on Tuesday. One investment 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. Based on data from MarketBeat.com, Linde presently has an average rating of “Moderate Buy” and an average price target of $508.20.

Linde Company 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.