Linde PLC $LIN Shares Newly Purchased by Everett Harris & Co. CA

Key Points

• Everett Harris & Co. CA acquired 2,278 Linde shares worth approximately $1.08 million in the third quarter. Institutional investors collectively own 82.8% of Linde’s stock.
• Linde’s latest results exceeded expectations, with adjusted EPS of $4.59 and revenue of $9.4 billion, up 9.3% year over year. Growth was supported by pricing, volume gains and demand for gases used in semiconductor and AI infrastructure.
• Analysts maintain a generally positive view, with a consensus “Buy” rating and an average price target of $547.48. However, a planned $425 million restructuring charge and fourth-quarter adjusted EPS guidance of $4.40–$4.50 could weigh on near-term sentiment.

Everett Harris & Co. CA acquired a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,278 shares of the basic materials company's stock, valued at approximately $1,081,000.

Other institutional investors also recently modified their holdings of the company. United Asset Strategies Inc. lifted its stake in Linde by 3.7% in the third quarter. United Asset Strategies Inc. now owns 1,336 shares of the basic materials company's stock worth $634,000 after acquiring an additional 48 shares during the period. Creative Capital Management Investments LLC lifted its position in Linde by 55.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 70 shares of the basic materials company's stock valued at $33,000 after acquiring an additional 25 shares during the period. China Universal Asset Management Co. Ltd. boosted its position in shares of Linde by 11.9% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 17,603 shares of the basic materials company's stock worth $8,333,000 after purchasing an additional 1,871 shares in the last quarter. Childress Capital Advisors LLC boosted its holdings in Linde by 2.8% in the third quarter. Childress Capital Advisors LLC now owns 2,049 shares of the basic materials company's stock worth $973,000 after acquiring an additional 56 shares in the last quarter. Finally, D.A. Davidson & CO. bought a new position in Linde in the 3rd quarter worth about $14,655,000. 82.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

LIN has been the topic of several analyst reports. UBS Group lowered their price objective on Linde from $612.00 to $574.00 and set a "buy" rating on the stock in a research report on Monday, October 5th. BMO Capital Markets reiterated an "outperform" rating on shares of Linde in a research note on Thursday, October 8th. Berenberg Bank reissued a "buy" rating on shares of Linde in a report on Tuesday, August 4th. DZ Bank reissued a "neutral" rating on shares of Linde in a report on Thursday, August 6th. Finally, Royal Bank Of Canada reduced their price objective on Linde from $553.00 to $549.00 and set an "outperform" rating for the company in a research report on Thursday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Linde has a consensus rating of "Buy" and an average price target of $547.48.

More Linde News

Here are the key news stories impacting Linde this week:

• Positive Sentiment: Adjusted earnings and revenue beat expectations. Linde posted adjusted EPS of $4.59, above the $4.52 consensus, while sales increased 9% year over year to $9.4 billion versus expectations of $9.16 billion. Adjusted EPS rose 9% from the prior-year quarter. Linde Reports Third-Quarter 2026 Results
• Positive Sentiment: Pricing, volumes and electronics demand supported growth. Higher pricing and volume gains in the Americas, along with strong demand for gases used in semiconductor manufacturing and artificial-intelligence infrastructure, helped drive the sales increase. Management also raised its full-year 2026 earnings outlook. LIN Q3 Earnings Beat Estimates on Higher Americas Pricing and Volumes
• Positive Sentiment: Demand trends remain constructive. The earnings call highlighted continued momentum in electronics and other end markets, reinforcing the long-term growth case for Linde’s specialty and industrial gases businesses. Linde plc Q3 2026 Earnings Call Summary
• Neutral Sentiment: Reported results were mixed. GAAP net income declined 12% to $1.69 billion and diluted EPS fell 11% to $3.66, primarily reflecting purchase-accounting effects and other costs; adjusted profitability was substantially stronger.
• Negative Sentiment: Near-term guidance and restructuring costs may limit enthusiasm. Linde guided fourth-quarter adjusted EPS to $4.40–$4.50 and expects to record a $425 million restructuring charge. Investors are also evaluating strategic options for Lincare, adding uncertainty around near-term earnings and capital allocation. Linde Guides Q4 EPS and Takes Restructuring Charge

Linde Stock Down 1.0%

Shares of LIN stock opened at $503.15 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. The company's fifty day moving average price is $482.87 and its 200-day moving average price is $492.00. The company has a market capitalization of $231.94 billion, a price-to-earnings ratio of 32.50, a PEG ratio of 2.96 and a beta of 0.71. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The basic materials company reported $4.59 EPS for the quarter, beating the consensus estimate of $4.52 by $0.07. The business had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $9.16 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. The business's revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.21 earnings per share. Sell-side analysts expect that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, December 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. Linde's dividend payout ratio (DPR) is presently 41.34%.

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.

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.