1,857 Shares in Linde PLC $LIN Purchased by Mather Group LLC.

Mather Group LLC. bought a new stake in Linde PLC (NASDAQ:LIN) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,857 shares of the basic materials company’s stock, valued at approximately $881,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Reliant Investment Management LLC acquired a new position in Linde during the 3rd quarter worth $8,232,000. Fortitude Family Office LLC grew its stake in shares of Linde by 44.7% in the third quarter. Fortitude Family Office LLC now owns 411 shares of the basic materials company’s stock worth $195,000 after purchasing an additional 127 shares in the last quarter. Strategy Asset Managers LLC acquired a new position in shares of Linde during the third quarter valued at $404,000. Meridian Investment Counsel Inc. acquired a new position in shares of Linde during the third quarter valued at $1,162,000. Finally, Baker Ellis Asset Management LLC bought a new stake in shares of Linde during the third quarter valued at about $5,880,000. Institutional investors own 82.80% of the company’s stock.

More Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Barclays turned bullish on Linde. The firm initiated coverage with an “overweight” rating, adding to recent positive sentiment around Linde’s earnings durability, pricing power and exposure to long-term industrial and technology demand. Barclays initiates coverage of Linde at overweight
• Positive Sentiment: Linde is expanding its carbon-capture business in Sweden. The company plans to build a facility capable of capturing 200,000 tonnes of CO2 annually at a waste-to-energy site, reinforcing its position in industrial decarbonization and potentially expanding its project pipeline. Linde to build 200,000-tonne CO2 capture plant at Swedish waste-to-energy facility
• Positive Sentiment: Linde’s Taiwan affiliate is pursuing hydrogen infrastructure growth. Linde LienHwa is developing hydrogen-as-a-service and refueling solutions, which could create longer-term revenue opportunities as Taiwan increases hydrogen adoption. Linde LienHwa tackles hydrogen transport dilemma with HaaS Interview: Linde LienHwa fuels Taiwan’s hydrogen push
• Neutral Sentiment: RBC remains constructive but lowered its target. Royal Bank of Canada cut its price target from $553 to $549 while retaining an “outperform” rating, suggesting continued confidence but slightly less near-term upside.
• Negative Sentiment: Valuation is becoming a concern. Commentary that Linde appears fully valued on current earnings could weigh on the stock, particularly given its elevated earnings multiple and the need for continued earnings growth to justify further appreciation. Linde Stock Looks Fully Valued On Current Earnings

Analyst Ratings Changes

Several equities research analysts recently weighed in on LIN shares. The Goldman Sachs Group set a $580.00 price objective on shares of Linde and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Linde in a research report on Thursday, October 8th. Argus lowered their target price on shares of Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Citigroup lowered their target price on shares of Linde from $580.00 to $560.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Finally, KeyCorp began coverage on shares of Linde in a research report on Thursday, September 10th. They set an “overweight” rating and a $542.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $547.10.

Linde Stock Performance

Shares of NASDAQ LIN opened at $498.43 on Friday. The stock has a fifty day moving average price of $478.52 and a two-hundred day moving average price of $498.15. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market cap of $229.77 billion, a P/E ratio of 32.20, a PEG ratio of 2.91 and a beta of 0.71. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20.

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

Linde Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is currently 41.34%.

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.