Linde PLC $LIN Shares Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. boosted its stake in Linde PLC (NASDAQ:LIN) by 52.3% in the 3rd quarter, Holdings Channel reports. The firm owned 6,701 shares of the basic materials company’s stock after buying an additional 2,301 shares during the quarter. Wedbush Securities Inc.’s holdings in Linde were worth $3,183,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Norges Bank purchased a new position in Linde in the 2nd quarter worth approximately $3,098,772,000. Assenagon Asset Management S.A. lifted its position in shares of Linde by 82.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,683,248 shares of the basic materials company’s stock worth $799,543,000 after purchasing an additional 760,954 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in shares of Linde by 18.5% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,972,515 shares of the basic materials company’s stock valued at $1,394,198,000 after purchasing an additional 463,977 shares during the period. ABN AMRO Bank N.V. acquired a new stake in Linde during the 2nd quarter valued at $187,359,000. Finally, Neuberger Berman Group LLC increased its stake in Linde by 48.7% during the 2nd quarter. Neuberger Berman Group LLC now owns 1,131,132 shares of the basic materials company’s stock worth $530,617,000 after buying an additional 370,261 shares during the period. Institutional investors and hedge funds own 82.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LIN. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 target price for the company. in a research note on Tuesday. CICC Research began coverage on Linde in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 target price for the company. Morgan Stanley reiterated an “overweight” rating and set a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. BMO Capital Markets reissued an “outperform” rating on shares of Linde in a research report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $508.20.

Linde Price Performance

Shares of NASDAQ:LIN opened at $472.86 on Friday. The company has a market cap of $220.80 billion, a PE ratio of 32.41, a P/E/G ratio of 3.07 and a beta of 0.84. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $486.38. The firm has a 50-day simple moving average of $435.65 and a 200 day simple moving average of $447.63. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52.

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

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.