Linde PLC $LIN Stock Purchased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its Linde stake by 20.6% in the third quarter, adding 109,930 shares to own 643,424 shares worth approximately $305.4 million. Institutional investors collectively own 82.8% of Linde.
• Linde reported stronger-than-expected quarterly results, with EPS of $4.59 and revenue of $9.40 billion, up 9.3% year over year. Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $550.14.
• The company declared a quarterly dividend of $1.60 per share, equivalent to $6.40 annually and a 1.2% yield. However, a planned $425 million restructuring charge and cautious fourth-quarter EPS guidance of $4.40–$4.50 could weigh on near-term performance.

Bank Julius Baer & Co. Ltd Zurich raised its stake in Linde PLC (NASDAQ:LIN - Free Report) by 20.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 643,424 shares of the basic materials company's stock after buying an additional 109,930 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.14% of Linde worth $305,401,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its stake in shares of Linde by 3.7% during the 2nd quarter. State Street Corp now owns 20,344,181 shares of the basic materials company's stock worth $10,558,016,000 after purchasing an additional 719,052 shares during the last quarter. Amundi grew its holdings in shares of Linde by 13.4% in the first quarter. Amundi now owns 3,162,409 shares of the basic materials company's stock worth $1,567,796,000 after purchasing an additional 373,012 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Linde by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company's stock worth $1,358,712,000 after buying an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Linde by 28.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company's stock valued at $805,475,000 after buying an additional 361,664 shares in the last quarter. Finally, Swiss National Bank increased its stake in Linde by 6.6% in the 1st quarter. Swiss National Bank now owns 1,370,361 shares of the basic materials company's stock worth $679,370,000 after buying an additional 85,360 shares during the period. 82.80% of the stock is owned by institutional investors.

Linde Stock Performance

NASDAQ:LIN opened at $514.24 on Monday. The firm has a market cap of $237.05 billion, a P/E ratio of 34.17, a PEG ratio of 3.00 and a beta of 0.71. The company has a current ratio of 0.86, a quick ratio of 0.72 and a debt-to-equity ratio of 0.50. The stock's 50 day simple moving average is $483.53 and its 200-day simple moving average is $492.35. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20.

Linde (NASDAQ:LIN - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The basic materials company reported $4.59 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 analyst estimates of $9.16 billion. During the same quarter in the prior year, the firm earned $4.21 earnings per share. The company's quarterly revenue was up 9.3% on a year-over-year basis. Equities analysts anticipate that Linde PLC will post 17.88 EPS for the current year.

Linde Dividend Announcement

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

More Linde News

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.

Analysts Set New Price Targets

LIN has been the subject of several analyst reports. Citigroup increased their price objective on Linde from $560.00 to $580.00 and gave the stock a "buy" rating in a research report on Friday. BMO Capital Markets reaffirmed an "outperform" rating on shares of Linde in a research report on Thursday, October 8th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Linde in a research report on Monday, October 19th. Jefferies Financial Group increased their price target on shares of Linde from $535.00 to $560.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, UBS Group reduced 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. One 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. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $550.14.

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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