ABN AMRO Bank N.V. Has $237.95 Million Stake in Linde PLC $LIN

ABN AMRO Bank N.V. increased its position in shares of Linde PLC (NASDAQ:LIN) by 26.6% during the third quarter, HoldingsChannel reports. The fund owned 502,477 shares of the basic materials company’s stock after buying an additional 105,465 shares during the quarter. Linde comprises about 2.3% of ABN AMRO Bank N.V.’s portfolio, making the stock its 14th largest holding. ABN AMRO Bank N.V.’s holdings in Linde were worth $237,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank acquired a new position in shares of Linde in the second quarter valued at approximately $3,098,772,000. Assenagon Asset Management S.A. grew its holdings in Linde by 82.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock worth $799,543,000 after acquiring an additional 760,954 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Linde by 18.5% during the 2nd 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 acquiring an additional 463,977 shares during the last quarter. Neuberger Berman Group LLC increased its position in 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 acquiring an additional 370,261 shares during the period. Finally, Flossbach Von Storch SE raised its stake in shares of Linde by 97.3% during the third quarter. Flossbach Von Storch SE now owns 721,959 shares of the basic materials company’s stock valued at $342,931,000 after acquiring an additional 355,950 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Stock Up 2.1%

Shares of Linde stock opened at $473.33 on Thursday. The stock’s 50-day moving average is $429.29 and its 200 day moving average is $447.90. Linde PLC has a one year low of $387.78 and a one year high of $486.38. The firm has a market cap of $221.02 billion, a price-to-earnings ratio of 31.70, a PEG ratio of 3.25 and a beta of 0.84. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.82 and a quick ratio of 0.69.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a return on equity of 19.38% and a net margin of 21.17%.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 research analysts anticipate that Linde PLC will post 16.54 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LIN. BMO Capital Markets set a $501.00 price objective on shares of Linde in a research note on Wednesday, December 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 target price on shares of Linde in a report on Monday, November 3rd. UBS Group reissued a “buy” rating on shares of Linde in a research note on Friday, December 12th. JPMorgan Chase & Co. lowered their price objective on Linde from $475.00 to $455.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Finally, Mizuho set a $495.00 target price on Linde in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $501.75.

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.