Linde PLC $LIN Shares Newly Acquired by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors acquired 102,899 shares of Linde, valued at approximately $48.8 million, during the third quarter. Institutional investors collectively own 82.8% of the company.
• Linde’s latest quarterly results exceeded expectations, with earnings of $4.50 per share and revenue of $9.29 billion, up 9.3% year over year. The company projects fiscal 2026 EPS of $17.70–$17.90.
• Analysts maintain a generally positive outlook, with the stock receiving a consensus “Buy” rating and an average price target of $547.10, compared with a recent price of $501.89.

Nisa Investment Advisors LLC purchased a new stake in Linde PLC (NASDAQ:LIN - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 102,899 shares of the basic materials company's stock, valued at approximately $48,841,000.

A number of other hedge funds have also recently bought and sold shares of LIN. Sanders Morris Harris LLC bought a new position in Linde during the 3rd quarter worth approximately $847,000. First Financial Bank Trust Division acquired a new position in shares of Linde in the 3rd quarter worth approximately $4,034,000. Hikari Power Ltd bought a new stake in shares of Linde in the 2nd quarter valued at approximately $20,965,000. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Linde by 271.8% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 8,462 shares of the basic materials company's stock valued at $4,195,000 after acquiring an additional 6,186 shares during the last quarter. Finally, Generali Investments Management Co LLC acquired a new stake in shares of Linde during the 2nd quarter valued at approximately $2,931,000. Institutional investors and hedge funds own 82.80% of the company's stock.

Linde Trading Down 0.3%

Shares of NASDAQ LIN opened at $501.89 on Wednesday. The company has a market cap of $231.36 billion, a price-to-earnings ratio of 29.20, a price-to-earnings-growth ratio of 2.94 and a beta of 0.71. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 0.51. The stock's 50 day simple moving average is $478.96 and its 200 day simple moving average is $498.25.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping analysts' consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%. The firm had revenue of $9.29 billion during the quarter, compared to the consensus estimate of $9.02 billion. During the same period in the prior year, the business earned $4.09 EPS. The firm's revenue 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. Equities research analysts expect that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on LIN shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Linde from $580.00 to $575.00 and set a "buy" rating on the stock in a research note on Monday, August 3rd. Evercore boosted their target price on shares of Linde from $515.00 to $525.00 and gave the company an "outperform" rating in a research note on Wednesday, August 12th. DZ Bank reissued a "neutral" rating on shares of Linde in a report on Thursday, August 6th. Argus reduced their price target on shares of Linde from $563.00 to $538.00 and set a "buy" rating on the stock in a research report on Monday, September 28th. Finally, KeyCorp initiated coverage on shares of Linde in a research note on Thursday, September 10th. They set an "overweight" rating and a $542.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently 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.

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