Linde PLC $LIN Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC lowered its holdings in shares of Linde PLC (NASDAQ:LIN) by 6.6% in the third quarter, Holdings Channel reports. The firm owned 21,606 shares of the basic materials company’s stock after selling 1,522 shares during the quarter. Metis Global Partners LLC’s holdings in Linde were worth $10,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Public Sector Pension Investment Board raised its holdings in shares of Linde by 23.5% in the third quarter. Public Sector Pension Investment Board now owns 506,855 shares of the basic materials company’s stock valued at $240,756,000 after buying an additional 96,439 shares during the last quarter. Atria Investments Inc grew its holdings in shares of Linde by 4.4% during the third quarter. Atria Investments Inc now owns 30,174 shares of the basic materials company’s stock worth $14,333,000 after buying an additional 1,273 shares during the last quarter. ICW Investment Advisors LLC increased its position in Linde by 5.5% in the 3rd quarter. ICW Investment Advisors LLC now owns 7,380 shares of the basic materials company’s stock valued at $3,505,000 after acquiring an additional 388 shares during the period. Wedbush Securities Inc. raised its stake in Linde by 52.3% during the 3rd quarter. Wedbush Securities Inc. now owns 6,701 shares of the basic materials company’s stock valued at $3,183,000 after acquiring an additional 2,301 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co lifted its position in Linde by 8.5% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 80,085 shares of the basic materials company’s stock worth $38,040,000 after acquiring an additional 6,300 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on LIN. Sanford C. Bernstein reissued an “outperform” rating and issued a $516.00 target price on shares of Linde in a report on Monday, November 3rd. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research report on Tuesday. Mizuho set a $525.00 price objective on shares of Linde in a research report on Friday, February 6th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Finally, UBS Group boosted their price target on shares of Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Linde has a consensus rating of “Moderate Buy” and a consensus target price of $508.20.

Linde Price Performance

Linde stock opened at $472.86 on Friday. The company has a market cap of $220.80 billion, a P/E ratio of 32.41, a price-to-earnings-growth ratio of 3.07 and a beta of 0.84. Linde PLC has a one year low of $387.78 and a one year high of $486.38. The business has a fifty day moving average of $435.65 and a two-hundred day moving average of $447.63. 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 (NASDAQ:LIN) last announced its quarterly 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 business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter last year, the firm posted $3.97 EPS. The business’s revenue 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. As a group, analysts predict 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.