3,384 Shares in Linde PLC $LIN Purchased by MeadowBrook Investment Advisors LLC

Key Points

• MeadowBrook Investment Advisors purchased 3,384 Linde shares worth approximately $1.73 million, making Linde a 1.4% portfolio holding; institutional investors collectively own 82.8% of the stock.
• Linde reported quarterly earnings of $4.59 per share and revenue of $9.40 billion, exceeding analyst expectations, with revenue up 9.3% year over year.
• The company announced a quarterly dividend of $1.60 per share, or $6.40 annualized, while analysts maintained a generally positive outlook with a consensus “Moderate Buy” rating and an average price target of $550.14.

MeadowBrook Investment Advisors LLC purchased a new position in shares of Linde PLC (NASDAQ:LIN - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,384 shares of the basic materials company's stock, valued at approximately $1,727,000. Linde comprises 1.4% of MeadowBrook Investment Advisors LLC's investment portfolio, making the stock its 17th largest holding.

Other large investors also recently bought and sold shares of the company. Sanders Morris Harris LLC purchased a new stake in shares of Linde during the 3rd quarter worth about $847,000. Carderock Capital Management Inc. purchased a new position in Linde in the third quarter valued at approximately $7,498,000. Birch Hill Investment Advisors LLC purchased a new position in Linde in the third quarter valued at approximately $1,875,000. First Financial Bank Trust Division acquired a new position in Linde during the third quarter valued at approximately $4,034,000. Finally, Hikari Power Ltd acquired a new position in Linde during the second quarter valued at approximately $20,965,000. Hedge funds and other institutional investors own 82.80% of the company's stock.

Linde Price Performance

Shares of NASDAQ LIN opened at $514.24 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.72 and a current ratio of 0.86. Linde PLC has a 1 year low of $387.78 and a 1 year high of $548.20. The stock's 50-day simple moving average is $483.53 and its 200-day simple moving average is $492.35. The firm has a market cap of $237.05 billion, a price-to-earnings ratio of 34.17, a PEG ratio of 3.00 and a beta of 0.71.

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

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 3rd. Linde's dividend payout ratio is presently 42.52%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on LIN shares. UBS Group cut their target price on shares of Linde from $612.00 to $574.00 and set a "buy" rating on the stock in a research note on Monday, October 5th. Weiss Ratings reiterated a "buy (b)" rating on shares of Linde in a report on Monday, October 19th. Bank of America raised their price objective on Linde from $532.00 to $550.00 and gave the company a "neutral" rating in a research report on Friday, July 17th. Argus decreased their target price on Linde from $563.00 to $538.00 and set a "buy" rating for the company in a research report on Monday, September 28th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Linde in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $550.14.

Key Stories Impacting Linde

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 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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