King Luther Capital Management Corp Raises Stock Position in Linde PLC $LIN

King Luther Capital Management Corp increased its position in shares of Linde PLC (NASDAQ:LIN) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 500,846 shares of the basic materials company’s stock after purchasing an additional 13,460 shares during the quarter. Linde accounts for 1.0% of King Luther Capital Management Corp’s investment portfolio, making the stock its 25th biggest holding. King Luther Capital Management Corp’s holdings in Linde were worth $237,902,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Linde by 0.7% during the second quarter. Vanguard Group Inc. now owns 44,638,847 shares of the basic materials company’s stock valued at $20,943,654,000 after buying an additional 292,492 shares during the period. Norges Bank purchased a new stake in Linde in the 2nd quarter valued at about $3,098,772,000. Invesco Ltd. increased its stake in shares of Linde by 4.8% during the 2nd quarter. Invesco Ltd. now owns 4,044,833 shares of the basic materials company’s stock valued at $1,897,755,000 after acquiring an additional 185,294 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Linde by 0.7% during the 2nd quarter. Franklin Resources Inc. now owns 3,718,376 shares of the basic materials company’s stock worth $1,744,588,000 after acquiring an additional 24,046 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Linde by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 3,605,118 shares of the basic materials company’s stock worth $1,690,961,000 after acquiring an additional 40,216 shares during the last quarter. 82.80% of the stock is owned by institutional investors and hedge funds.

Linde Price Performance

LIN stock opened at $485.28 on Thursday. The firm has a market cap of $226.60 billion, a P/E ratio of 33.26, a price-to-earnings-growth ratio of 3.17 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.74 and a current ratio of 0.88. Linde PLC has a 1 year low of $387.78 and a 1 year high of $488.54. The stock has a 50-day simple moving average of $442.80 and a 200-day simple moving average of $447.99.

Linde (NASDAQ:LIN) last released its quarterly earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.18 by $0.02. The firm had revenue of $8.76 billion during the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.Linde’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.97 EPS. 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, equities analysts predict that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Insider Transactions at Linde

In other Linde news, VP Guillermo Bichara sold 9,455 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were 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 directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This represents a 29.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. CICC Research assumed coverage on shares of Linde in a research report on Wednesday, December 3rd. They set an “outperform” rating and a $510.00 price target for the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $455.00 price objective on shares of Linde in a report on Friday, February 6th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $516.00 target price on shares of Linde in a report on Monday, November 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Linde in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reduced their price objective on Linde from $540.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $508.20.

Linde Company 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.