425,323 Shares of Linde PLC $LIN Acquired by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments acquired 425,323 Linde shares worth approximately $201.9 million, giving it a 0.09% stake. Institutional investors and hedge funds collectively own 82.8% of Linde.
• Linde’s third-quarter results exceeded expectations: adjusted EPS rose 9% year over year to $4.59, while revenue increased 9.3% to $9.40 billion, supported by pricing, Americas volume growth, electronics demand and AI-related semiconductor investment.
• The outlook remains positive but faces near-term risks. Analysts maintain a consensus “Moderate Buy” rating with an average target of $550.14, while Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 425,323 shares of the basic materials company's stock, valued at approximately $201,880,000. Mirae Asset Global Investments Co. Ltd. owned about 0.09% of Linde as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Sanders Morris Harris LLC bought a new stake in shares of Linde during the third quarter valued at approximately $847,000. Carderock Capital Management Inc. acquired a new stake in Linde in the 3rd quarter valued at approximately $7,498,000. Birch Hill Investment Advisors LLC acquired a new stake in Linde in the 3rd quarter valued at approximately $1,875,000. First Financial Bank Trust Division acquired a new stake in Linde in the 3rd quarter valued at approximately $4,034,000. Finally, Hikari Power Ltd bought a new stake in Linde during the 2nd quarter valued at $20,965,000. Institutional investors and hedge funds 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.

Wall Street Analyst Weigh In

LIN has been the subject of a number of analyst reports. UBS Group reduced their price target on Linde from $612.00 to $574.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Evercore raised their price target on Linde from $515.00 to $525.00 and gave the company an "outperform" rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Linde from $580.00 to $575.00 and set a "buy" rating for the company in a report on Monday, August 3rd. Citigroup boosted their price objective on Linde from $560.00 to $580.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Jefferies Financial Group boosted their target price on shares of Linde from $535.00 to $560.00 and gave the stock a "buy" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $550.14.

Linde Stock Performance

LIN stock opened at $514.24 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $548.20. The firm has a 50 day moving average of $483.53 and a two-hundred day moving average of $492.35. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $237.05 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 3.00 and a beta of 0.71.

Linde (NASDAQ:LIN - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $9.16 billion. During the same period in the prior year, the firm earned $4.21 EPS. Linde's quarterly revenue was up 9.3% compared to the same quarter last year. As a group, equities analysts anticipate that Linde PLC will post 17.88 EPS for the current fiscal year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be paid a dividend of $1.60 per share. The ex-dividend date is Thursday, December 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.