151,704 Shares of Linde PLC $LIN Acquired by Sustainable Growth Advisers LP

Sustainable Growth Advisers LP bought a new position in shares of Linde PLC (NASDAQ:LIN) during the 3rd quarter, Holdings Channel.com reports. The firm bought 151,704 shares of the basic materials company’s stock, valued at approximately $72,006,000. Linde makes up 0.8% of Sustainable Growth Advisers LP’s holdings, making the stock its 27th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Activest Wealth Management lifted its position in shares of Linde by 29.9% in the 3rd quarter. Activest Wealth Management now owns 113 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 26 shares during the period. Guyasuta Investment Advisors Inc. bought a new stake in shares of Linde in the 3rd quarter valued at $43,110,000. Whitener Capital Management Inc. acquired a new stake in shares of Linde during the third quarter worth $1,876,000. AdvisorNet Financial Inc acquired a new stake in shares of Linde during the third quarter worth $2,952,000. Finally, Community Trust & Investment Co. acquired a new stake in shares of Linde during the third quarter worth $25,203,000. Institutional investors own 82.80% of the company’s stock.

Trending Headlines about Linde

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays upgraded Linde to “strong buy,” signaling increased confidence in the industrial-gases producer’s earnings outlook and business durability. Barclays upgrade report
• Positive Sentiment: Royal Bank of Canada retained an “outperform” rating and its revised $549 target still implies meaningful upside from the current share price, despite the modest target reduction. RBC analyst action
• Positive Sentiment: A recent article highlighted Linde’s exposure to industrial gases and long-term secular growth trends, reinforcing the company’s positioning in essential industrial markets. Linde adds exposure to industrial gases and secular growth trends
• Positive Sentiment: Linde was featured among dividend companies viewed as capable of raising prices without materially damaging demand, supporting its defensive appeal and potential for continued cash-flow growth. Five boring dividend stocks that could keep growing
• Neutral Sentiment: Analyst-rating coverage remains an important focus for investors, but the available report provides no specific new earnings or valuation forecast. What investment firms are saying about Linde
• Negative Sentiment: One valuation-focused analysis argued that Linde appears fully valued on current earnings. With a reported forward-looking valuation near 32 times earnings, this could limit upside and make the stock sensitive to weaker growth or disappointing guidance. Linde stock looks fully valued on current earnings

Analysts Set New Price Targets

A number of brokerages recently weighed in on LIN. Berenberg Bank reissued a “buy” rating on shares of Linde in a research note on Tuesday, August 4th. Barclays assumed coverage on shares of Linde in a research report on Monday. They set an “overweight” rating and a $577.00 price target on the stock. UBS Group decreased their price target on Linde from $612.00 to $574.00 and set a “buy” rating for the company in a report on Monday, October 5th. The Goldman Sachs Group set a $580.00 price target on Linde and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Linde currently has a consensus rating of “Buy” and a consensus price target of $547.10.

Linde Stock Performance

Shares of LIN stock opened at $493.22 on Friday. The firm has a 50 day moving average of $478.35 and a 200-day moving average of $498.15. The company has a market cap of $227.36 billion, a price-to-earnings ratio of 31.86, a price-to-earnings-growth ratio of 2.87 and a beta of 0.71. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20.

Linde (NASDAQ:LIN) last released its earnings results on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. Linde had a net margin of 20.43% and a return on equity of 20.09%. The company had revenue of $9.29 billion for the quarter, compared to the consensus estimate of $9.02 billion. During the same quarter in the previous year, the company earned $4.09 EPS. Linde’s quarterly revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, equities analysts forecast that Linde PLC will post 17.86 earnings per share for the current year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, September 3rd. Linde’s dividend payout ratio (DPR) is presently 41.34%.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.