Barings LLC Sells 2,511 Shares of Linde PLC $LIN

Barings LLC trimmed its position in shares of Linde PLC (NASDAQ:LIN) by 8.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,001 shares of the basic materials company’s stock after selling 2,511 shares during the quarter. Barings LLC’s holdings in Linde were worth $13,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in LIN. Brighton Jones LLC bought a new position in shares of Linde during the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC increased its position in shares of Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock valued at $325,000 after acquiring an additional 96 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock valued at $736,000 after acquiring an additional 259 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after acquiring an additional 145 shares during the period. Finally, Exencial Wealth Advisors LLC boosted its position in Linde by 7.3% in the second quarter. Exencial Wealth Advisors LLC now owns 891 shares of the basic materials company’s stock worth $418,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 82.80% of the company’s stock.

Insider Transactions at Linde

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the transaction, the vice president owned 22,138 shares in the company, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on LIN shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $455.00 target price on shares of Linde in a research report on Friday, February 6th. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Citigroup boosted their target price on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a research note on Friday, February 6th. DZ Bank lowered shares of Linde from a “buy” rating to a “hold” rating and set a $460.00 price target for the company. in a research note on Tuesday, February 10th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Linde in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Linde currently has an average rating of “Moderate Buy” and a consensus target price of $508.20.

Linde Stock Up 1.3%

LIN opened at $496.51 on Friday. Linde PLC has a 12 month low of $387.78 and a 12 month high of $498.35. The company has a market cap of $231.84 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 3.22 and a beta of 0.84. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average of $446.15 and a 200 day moving average of $448.49.

Linde (NASDAQ:LIN) last posted its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter in the prior year, the business posted $3.97 earnings per share. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, sell-side analysts expect that Linde PLC will post 16.54 EPS for the current year.

Linde Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.