Barings LLC Sells 2,511 Shares of Linde PLC $LIN

Barings LLC trimmed its position in Linde PLC (NASDAQ:LIN) by 8.0% in the 3rd quarter, Holdings Channel reports. The firm owned 29,001 shares of the basic materials company’s stock after selling 2,511 shares during the quarter. Barings LLC’s holdings in Linde were worth $13,775,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Personal CFO Solutions LLC raised its position in shares of Linde by 2.1% in the third quarter. Personal CFO Solutions LLC now owns 3,472 shares of the basic materials company’s stock worth $1,649,000 after buying an additional 71 shares in the last quarter. Asahi Life Asset Management CO. LTD. purchased a new position in Linde during the third quarter worth about $428,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Linde by 11.2% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,404 shares of the basic materials company’s stock worth $2,092,000 after acquiring an additional 445 shares during the last quarter. China Universal Asset Management Co. Ltd. raised its holdings in shares of Linde by 10.4% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 13,580 shares of the basic materials company’s stock valued at $6,450,000 after acquiring an additional 1,278 shares in the last quarter. Finally, Mendel Money Management raised its holdings in shares of Linde by 3.5% in the 3rd quarter. Mendel Money Management now owns 10,794 shares of the basic materials company’s stock valued at $5,127,000 after acquiring an additional 363 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of Linde stock opened at $496.51 on Friday. 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 PLC has a 52-week low of $387.78 and a 52-week high of $498.35. The company has a fifty day moving average of $446.15 and a 200-day moving average of $448.49. The stock has a market capitalization of $231.84 billion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 3.22 and a beta of 0.84.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, topping 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 company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. During the same quarter last year, the company earned $3.97 EPS. The firm’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. Equities research analysts expect that Linde PLC will post 16.54 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Mizuho set a $525.00 price target on shares of Linde in a research note on Friday, February 6th. Citigroup increased their price target on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. DZ Bank downgraded shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a report on Tuesday, February 10th. Finally, CICC Research began coverage on shares of Linde in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $510.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $508.20.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.70% of the company’s stock.

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.