102,899 Shares of Linde PLC $LIN Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC purchased a new stake in shares of Linde PLC (NASDAQ:LIN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 102,899 shares of the basic materials company’s stock, valued at approximately $48,841,000.

Several other hedge funds and other institutional investors have also made changes to their positions in LIN. Principia Wealth Advisory LLC grew its holdings in Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after buying an additional 23 shares in the last quarter. Legacy Wealth Managment LLC ID grew its stake in shares of Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 28 shares in the last quarter. Manning & Napier Advisors LLC increased its holdings in shares of Linde by 1,450.0% during the first quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 58 shares during the period. Marquette Asset Management LLC bought a new stake in shares of Linde during the third quarter valued at about $29,000. Finally, Polaris Financial Partners bought a new stake in shares of Linde during the third quarter valued at about $31,000. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Linde Stock Performance

Shares of NASDAQ LIN opened at $501.89 on Wednesday. The stock has a fifty day moving average price of $478.96 and a two-hundred day moving average price of $498.25. 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 $231.36 billion, a P/E ratio of 29.20, a PEG ratio of 2.94 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 issued a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde’s payout ratio is presently 41.34%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LIN shares. Barclays started coverage on shares of Linde in a report on Monday, October 12th. They issued an “overweight” rating and a $577.00 price objective for the company. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Linde from $580.00 to $575.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. The Goldman Sachs Group set a $580.00 target price on shares of Linde and gave the company a “buy” rating in a research note on Monday, August 10th. BMO Capital Markets restated an “outperform” rating on shares of Linde in a research report on Thursday, October 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Linde in a research report on Monday. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $547.10.

Linde 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.