Maridea Wealth Management LLC Buys Shares of 3,510 Linde PLC $LIN

Maridea Wealth Management LLC bought a new position in Linde PLC (NASDAQ:LIN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,510 shares of the basic materials company’s stock, valued at approximately $1,585,000.

Other large investors have also recently made changes to their positions in the company. Cornerstone Advisory LLC raised its position in Linde by 28.5% in the 3rd quarter. Cornerstone Advisory LLC now owns 645 shares of the basic materials company’s stock worth $307,000 after purchasing an additional 143 shares during the period. Beirne Wealth Consulting Services LLC purchased a new stake in Linde in the 3rd quarter worth approximately $200,000. Crestwood Advisors Group LLC boosted its holdings in Linde by 23.0% in the third quarter. Crestwood Advisors Group LLC now owns 3,150 shares of the basic materials company’s stock valued at $1,496,000 after acquiring an additional 589 shares in the last quarter. NEOS Investment Management LLC increased its position in shares of Linde by 58.4% during the third quarter. NEOS Investment Management LLC now owns 207,110 shares of the basic materials company’s stock valued at $98,377,000 after buying an additional 76,336 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Linde by 5.7% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 2,503 shares of the basic materials company’s stock worth $1,189,000 after acquiring an additional 134 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on LIN. Citigroup upped their target price on shares of Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Morgan Stanley reiterated an “overweight” rating and issued a $530.00 price objective on shares of Linde in a report on Friday, February 6th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. Royal Bank Of Canada reduced their target price on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a report on Friday, December 12th. Finally, UBS Group upped their price target on Linde from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $508.20.

Linde Stock Performance

NASDAQ LIN opened at $482.22 on Wednesday. The business has a 50 day simple moving average of $440.95 and a two-hundred day simple moving average of $447.73. Linde PLC has a 1-year low of $387.78 and a 1-year high of $488.54. The stock has a market capitalization of $225.17 billion, a PE ratio of 33.05, a P/E/G ratio of 3.16 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $4.20 EPS for the quarter, beating the consensus estimate of $4.18 by $0.02. The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. Linde’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $3.97 earnings per share. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, research analysts predict that Linde PLC will post 16.54 EPS for the current fiscal year.

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.