Inspire Trust Co. N.A. Has $4.75 Million Stock Holdings in Linde PLC $LIN

Inspire Trust Co. N.A. boosted its position in Linde PLC (NASDAQ:LIN) by 18.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 10,000 shares of the basic materials company’s stock after acquiring an additional 1,550 shares during the period. Inspire Trust Co. N.A.’s holdings in Linde were worth $4,750,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sound Financial Strategies Group LLC raised its stake in Linde by 1.4% in the second quarter. Sound Financial Strategies Group LLC now owns 1,635 shares of the basic materials company’s stock valued at $767,000 after buying an additional 22 shares during the period. Shepherd Financial Partners LLC increased its holdings in shares of Linde by 4.5% during the 2nd quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after acquiring an additional 22 shares during the last quarter. Embree Financial Group increased its holdings in shares of Linde by 4.9% during the 3rd quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock worth $223,000 after acquiring an additional 22 shares during the last quarter. Binnacle Investments Inc raised its stake in Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after acquiring an additional 22 shares during the period. Finally, AlTi Global Inc. lifted its holdings in Linde by 1.1% during the 2nd quarter. AlTi Global Inc. now owns 2,065 shares of the basic materials company’s stock valued at $969,000 after purchasing an additional 23 shares during the last quarter. Institutional investors own 82.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on LIN shares. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. UBS Group lifted their target price on shares of Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $516.00 price target on shares of Linde in a report on Monday, November 3rd. Mizuho set a $525.00 price objective on Linde in a report on Friday, February 6th. Finally, Royal Bank Of Canada decreased their target price on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde currently has an average rating of “Buy” and a consensus target price of $508.20.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. The trade was a 29.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is currently owned by company insiders.

Linde Price Performance

Shares of Linde stock opened at $496.51 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $231.85 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 3.26 and a beta of 0.84. Linde PLC has a twelve month low of $387.78 and a twelve month high of $498.35. The company has a 50-day simple moving average of $446.15 and a two-hundred day simple moving average of $448.34.

Linde (NASDAQ:LIN) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. During the same period last year, the firm earned $3.97 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Analysts forecast that Linde PLC will post 16.54 EPS for the current year.

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.