Parcion Private Wealth LLC grew its position in shares of Linde PLC (NASDAQ:LIN – Free Report) by 7.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,223 shares of the basic materials company’s stock after purchasing an additional 1,321 shares during the quarter. Parcion Private Wealth LLC’s holdings in Linde were worth $8,650,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanders Morris Harris LLC bought a new position in Linde during the third quarter worth $847,000. Carderock Capital Management Inc. acquired a new position in Linde in the third quarter valued at $7,498,000. First Financial Bank Trust Division bought a new stake in Linde during the third quarter valued at $4,034,000. Birch Hill Investment Advisors LLC bought a new stake in Linde during the third quarter valued at $1,875,000. Finally, Hikari Power Ltd bought a new stake in Linde during the second quarter valued at $20,965,000. Institutional investors and hedge funds own 82.80% of the company’s stock.
Linde Price Performance
Shares of NASDAQ LIN opened at $514.24 on Friday. The firm’s 50-day moving average price is $483.53 and its 200-day moving average price is $492.35. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The firm has a market capitalization of $237.05 billion, a P/E ratio of 34.17, a P/E/G ratio of 2.93 and a beta of 0.71. The company has a current ratio of 0.86, a quick ratio of 0.75 and a debt-to-equity ratio of 0.50.
Linde (NASDAQ:LIN – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.52 by $0.07. The company had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.16 billion. Linde had a net margin of 19.34% and a return on equity of 20.32%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.21 EPS. Equities research analysts anticipate that Linde PLC will post 17.88 earnings per share for the current fiscal year.
Linde Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 3rd. Linde’s dividend payout ratio is 41.34%.
Linde News Roundup
Here are the key news stories impacting Linde this week:
- Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
- Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
- Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
- Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
- Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.
Analysts Set New Price Targets
LIN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on Linde from $580.00 to $575.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Berenberg Bank reissued a “buy” rating on shares of Linde in a research note on Tuesday, August 4th. KeyCorp upped their target price on Linde from $542.00 to $545.00 and gave the company an “overweight” rating in a research report on Friday. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a research note on Thursday, October 8th. Finally, Barclays raised their target price on Linde from $577.00 to $591.00 and gave the stock an “overweight” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $550.14.
Check Out Our Latest Stock Report on LIN
Linde Company Profile
Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.
Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.
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