Nippon Life Global Investors Americas Inc. Purchases New Stake in Linde PLC $LIN

Nippon Life Global Investors Americas Inc. purchased a new stake in Linde PLC (NASDAQ:LIN) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 69,090 shares of the basic materials company’s stock, valued at approximately $32,794,000. Linde comprises approximately 1.3% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp grew its position in Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after acquiring an additional 719,052 shares during the last quarter. Amundi lifted its stake in shares of Linde by 13.4% in the first quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock worth $1,567,796,000 after acquiring an additional 373,012 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Linde by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after acquiring an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Linde by 28.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock valued at $805,475,000 after acquiring an additional 361,664 shares during the last quarter. Finally, Swiss National Bank increased its position in Linde by 6.6% during the 1st quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company’s stock valued at $679,370,000 after purchasing an additional 85,360 shares during the period. Institutional investors own 82.80% of the company’s stock.

Linde News Summary

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.

Linde Price Performance

Shares of NASDAQ LIN opened at $514.24 on Monday. The firm has a market cap of $237.05 billion, a PE ratio of 34.17, a P/E/G ratio of 3.00 and a beta of 0.71. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company’s fifty day simple moving average is $483.53 and its 200 day simple moving average is $492.35. The company has a quick ratio of 0.72, a current ratio of 0.86 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last posted its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.52 by $0.07. Linde had a net margin of 19.34% and a return on equity of 20.32%. The business had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.16 billion. During the same period last year, the company posted $4.21 earnings per share. The business’s quarterly revenue was up 9.3% on a year-over-year basis. As a group, sell-side analysts forecast that Linde PLC will post 17.88 earnings per share for the current fiscal year.

Linde Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid a $1.60 dividend. The ex-dividend date is Thursday, December 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio (DPR) is currently 42.52%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on LIN shares. Jefferies Financial Group boosted their target price on shares of Linde from $535.00 to $560.00 and gave the company a “buy” rating in a report on Monday, August 3rd. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a report on Thursday, October 8th. Sanford C. Bernstein reissued an “outperform” rating on shares of Linde in a research report on Monday, October 5th. Argus dropped their price objective on Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Finally, The Goldman Sachs Group set a $580.00 target price on Linde and gave the company a “buy” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $550.14.

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.