Linde PLC $LIN Shares Bought by Weaver Capital Management LLC

Weaver Capital Management LLC raised its position in shares of Linde PLC (NASDAQ:LIN) by 173.3% in the third quarter, Holdings Channel reports. The firm owned 7,786 shares of the basic materials company’s stock after buying an additional 4,937 shares during the period. Weaver Capital Management LLC’s holdings in Linde were worth $3,695,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in LIN. Legacy Wealth Managment LLC ID grew its stake in shares of Linde by 96.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after buying an additional 28 shares in the last quarter. Principia Wealth Advisory LLC increased its holdings in Linde by 74.2% in the second quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after buying an additional 23 shares during the last quarter. Marquette Asset Management LLC acquired a new position in Linde in the third quarter worth approximately $29,000. Manning & Napier Advisors LLC raised its position in Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 58 shares in the last quarter. Finally, Polaris Financial Partners bought a new position in Linde during the third quarter valued at approximately $31,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LIN has been the subject of a number of analyst reports. Berenberg Bank reiterated a “buy” rating on shares of Linde in a research note on Tuesday, August 4th. Evercore increased their price target on shares of Linde from $515.00 to $525.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. Citigroup dropped their price target on shares of Linde from $580.00 to $560.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. DZ Bank restated a “neutral” rating on shares of Linde in a report on Thursday, August 6th. Finally, Barclays started coverage on shares of Linde in a report on Monday. They set an “overweight” rating and a $577.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $547.10.

Linde Price Performance

Shares of NASDAQ:LIN opened at $493.22 on Friday. The stock has a market capitalization of $227.36 billion, a P/E ratio of 31.86, a P/E/G ratio of 2.87 and a beta of 0.71. The business has a 50-day moving average of $478.35 and a two-hundred day moving average of $498.15. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75.

Linde (NASDAQ:LIN) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. The business had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.09 EPS. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts predict that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio is presently 41.34%.

More Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays upgraded Linde to “strong buy,” signaling increased confidence in the industrial-gases producer’s earnings outlook and business durability. Barclays upgrade report
• Positive Sentiment: Royal Bank of Canada retained an “outperform” rating and its revised $549 target still implies meaningful upside from the current share price, despite the modest target reduction. RBC analyst action
• Positive Sentiment: A recent article highlighted Linde’s exposure to industrial gases and long-term secular growth trends, reinforcing the company’s positioning in essential industrial markets. Linde adds exposure to industrial gases and secular growth trends
• Positive Sentiment: Linde was featured among dividend companies viewed as capable of raising prices without materially damaging demand, supporting its defensive appeal and potential for continued cash-flow growth. Five boring dividend stocks that could keep growing
• Neutral Sentiment: Analyst-rating coverage remains an important focus for investors, but the available report provides no specific new earnings or valuation forecast. What investment firms are saying about Linde
• Negative Sentiment: One valuation-focused analysis argued that Linde appears fully valued on current earnings. With a reported forward-looking valuation near 32 times earnings, this could limit upside and make the stock sensitive to weaker growth or disappointing guidance. Linde stock looks fully valued on current earnings

Linde Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.