Illinois Municipal Retirement Fund Decreases Holdings in Linde PLC $LIN

Illinois Municipal Retirement Fund decreased its stake in Linde PLC (NASDAQ:LIN) by 16.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,382 shares of the basic materials company’s stock after selling 2,403 shares during the period. Illinois Municipal Retirement Fund’s holdings in Linde were worth $5,881,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of LIN. Darwin Wealth Management LLC purchased a new stake in shares of Linde during the 2nd quarter worth approximately $25,000. Marquette Asset Management LLC bought a new position in Linde during the third quarter valued at $27,000. YANKCOM Partnership increased its position 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 buying an additional 41 shares during the last quarter. Guerra Advisors Inc purchased a new stake in Linde in the third quarter worth $30,000. Finally, Albion Financial Group UT raised its stake in shares of 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 period. 82.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $516.00 price objective 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 target price for the company. in a research report on Tuesday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $455.00 target price on shares of Linde in a research note on Friday, February 6th. Finally, Morgan Stanley restated an “overweight” rating and set a $530.00 price target on shares of Linde in a research note on Friday, February 6th. One investment 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $508.20.

Linde Stock Up 1.7%

LIN stock opened at $481.00 on Friday. The stock has a 50-day simple moving average of $437.28 and a two-hundred day simple moving average of $447.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $488.54. The firm has a market capitalization of $224.60 billion, a PE ratio of 32.97, a PEG ratio of 3.11 and a beta of 0.84. 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 announced its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior 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, equities analysts predict that Linde PLC will post 16.54 EPS 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.