Alberta Investment Management Corp Makes New Investment in Lineage, Inc. $LINE

Alberta Investment Management Corp acquired a new stake in Lineage, Inc. (NASDAQ:LINE - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 418,900 shares of the company's stock, valued at approximately $18,117,000. Alberta Investment Management Corp owned about 0.18% of Lineage at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in shares of Lineage by 172.4% during the second quarter. EverSource Wealth Advisors LLC now owns 572 shares of the company's stock worth $25,000 after purchasing an additional 362 shares in the last quarter. Rothschild Investment LLC lifted its holdings in Lineage by 575.2% during the 4th quarter. Rothschild Investment LLC now owns 736 shares of the company's stock worth $26,000 after buying an additional 627 shares during the last quarter. Allworth Financial LP boosted its position in shares of Lineage by 106.6% during the 4th quarter. Allworth Financial LP now owns 940 shares of the company's stock worth $33,000 after acquiring an additional 485 shares in the last quarter. Aew Capital Management L P acquired a new position in shares of Lineage during the 4th quarter worth about $42,000. Finally, Caitlin John LLC increased its holdings in shares of Lineage by 88.4% in the 4th quarter. Caitlin John LLC now owns 1,507 shares of the company's stock valued at $53,000 after acquiring an additional 707 shares during the last quarter.

Key Lineage News

Here are the key news stories impacting Lineage this week:

• Positive Sentiment: Lineage Logistics reported that approximately 92% of the bulk food waste has been removed from the Boyle Heights site, indicating meaningful progress toward cleanup and potentially reducing ongoing environmental exposure. Lineage Logistics Says Approximately 92% Of Bulk Food Waste Removed
• Positive Sentiment: A new LAUSD report said schools near the warehouse are safe for students, which could ease some public-health concerns and limit additional disruption to local schools. New LAUSD Report Says Schools Near Lineage Warehouse Are Safe for Students
• Neutral Sentiment: Analysts collectively rate LINE “Hold,” suggesting limited near-term conviction and a balanced risk-reward view rather than a clear catalyst for buying or selling. Lineage Receives Average Hold Recommendation
• Neutral Sentiment: Los Angeles Mayor Karen Bass planned a community forum on the cleanup, keeping the incident in the public spotlight while potentially creating a channel for resolving community concerns. Mayor Bass to Host Community Forum on Lineage Cleanup
• Negative Sentiment: Lineage is expected to miss the deadline for cleaning up the warehouse site. The delay raises the risk of additional costs, penalties, regulatory action and reputational damage. Lineage Will Not Meet Cleanup Deadline for Boyle Heights Warehouse
• Negative Sentiment: More than 4,000 odor complaints prompted a modified South Coast AQMD abatement order, increasing compliance obligations and the possibility of further remediation expenses. Lineage Hit With Modified AQMD Abatement Order
• Negative Sentiment: Elevated ammonia levels were detected in the air weeks after the fire, while parents continue to raise concerns as students return to nearby schools. These reports could increase scrutiny, claims risk and cleanup costs. Elevated Ammonia Levels Found After Lineage Fire
• Negative Sentiment: California lawmakers have proposed bills addressing warehouse safety and neighborhood protections in response to the fire. New legislation could raise operating and compliance costs for Lineage and the broader industry. New Bills Seek to Protect Neighborhoods After Lineage Warehouse Fire

Insider Buying and Selling

In other Lineage news, CFO Robb A. Lemasters purchased 20,000 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average price of $41.33 per share, for a total transaction of $826,600.00. Following the purchase, the chief financial officer directly owned 49,500 shares in the company, valued at approximately $2,045,835. This trade represents a 67.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 71.60% of the stock is currently owned by company insiders.

Lineage Price Performance

Shares of NASDAQ LINE opened at $41.75 on Monday. The stock has a market cap of $9.51 billion, a PE ratio of -57.99 and a beta of 0.84. The company has a quick ratio of 0.70, a current ratio of 0.78 and a debt-to-equity ratio of 0.84. Lineage, Inc. has a 52-week low of $31.33 and a 52-week high of $45.75. The business has a 50-day moving average price of $42.84 and a 200 day moving average price of $39.55.

Lineage Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, June 30th were given a $0.5325 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.13 annualized dividend and a yield of 5.1%. Lineage's dividend payout ratio is -295.83%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on LINE shares. Mizuho raised Lineage from a "neutral" rating to an "outperform" rating and raised their target price for the stock from $40.00 to $47.00 in a research report on Tuesday, July 28th. Scotiabank reaffirmed a "sector perform" rating and issued a $45.00 price target on shares of Lineage in a report on Thursday, June 18th. Citigroup increased their price target on shares of Lineage from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Thursday. Barclays raised their price objective on shares of Lineage from $34.00 to $35.00 and gave the stock an "underweight" rating in a report on Friday, May 15th. Finally, Wells Fargo & Company reduced their price objective on shares of Lineage from $39.00 to $36.00 and set an "equal weight" rating for the company in a research report on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $43.93.

Lineage Profile

Lineage Logistics, Inc NASDAQ: LINE is a leading provider of temperature-controlled industrial real estate and supply chain solutions. The company specializes in refrigerated and frozen storage, transportation, and ancillary services designed to support the global perishable goods industry. From food manufacturers and distributors to retailers and foodservice operators, Lineage offers tailored temperature management solutions that help clients optimize inventory turnover, reduce waste, and maintain product quality throughout the cold chain.

Lineage's core services include ambient, refrigerated and frozen warehousing, cross-docking, transloading, and dedicated transportation.

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