Comgest Global Investors S.A.S. Has $413.47 Million Stake in Linde PLC $LIN

Comgest Global Investors S.A.S. cut its stake in shares of Linde PLC (NASDAQ:LIN) by 1.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 870,459 shares of the basic materials company’s stock after selling 10,750 shares during the quarter. Linde accounts for about 7.3% of Comgest Global Investors S.A.S.’s investment portfolio, making the stock its 3rd largest holding. Comgest Global Investors S.A.S. owned approximately 0.19% of Linde worth $413,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Caprock Group LLC bought a new stake in shares of Linde during the third quarter valued at approximately $4,243,000. Markel Group Inc. grew its holdings in Linde by 3.1% in the second quarter. Markel Group Inc. now owns 186,600 shares of the basic materials company’s stock worth $87,549,000 after purchasing an additional 5,600 shares during the period. National Pension Service boosted its position in shares of Linde by 2.6% in the 3rd quarter. National Pension Service now owns 967,516 shares of the basic materials company’s stock worth $459,570,000 after purchasing an additional 24,624 shares in the last quarter. Cerity Partners LLC boosted its holdings in Linde by 12.3% in the third quarter. Cerity Partners LLC now owns 205,318 shares of the basic materials company’s stock worth $97,526,000 after acquiring an additional 22,489 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp raised its position in shares of Linde by 27.2% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 417,001 shares of the basic materials company’s stock worth $195,649,000 after purchasing an additional 89,129 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Linde Trading Up 0.6%

NASDAQ:LIN opened at $485.28 on Thursday. The company has a market cap of $226.60 billion, a PE ratio of 33.26, a price-to-earnings-growth ratio of 3.17 and a beta of 0.84. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The company has a 50 day simple moving average of $442.80 and a two-hundred day simple moving average of $447.99. Linde PLC has a 12 month low of $387.78 and a 12 month high of $488.54.

Linde (NASDAQ:LIN) last released 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 return on equity of 19.52% and a net margin of 20.30%.The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the business posted $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts forecast that Linde PLC will post 16.54 earnings per share for the current year.

Insider Activity

In other news, VP Guillermo Bichara sold 9,455 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total value of $4,542,654.75. Following the transaction, the vice president owned 22,138 shares in the company, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Royal Bank Of Canada cut their price objective on shares of Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. DZ Bank cut shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target on the stock. in a report on Tuesday, February 10th. CICC Research initiated coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $455.00 price objective on shares of Linde in a research report on Friday, February 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $530.00 target price on shares of Linde in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $508.20.

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.