Baker Ellis Asset Management LLC Purchases New Shares in Linde PLC $LIN

Posted by George Bondi on Oct 14th, 2026

Baker Ellis Asset Management LLC purchased a new position in Linde PLC (NASDAQ:LIN – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 12,387 shares of the basic materials company’s stock, valued at approximately $5,880,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. State Street Corp lifted its position in shares of Linde by 3.7% during the second 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. Invesco Ltd. raised its holdings in shares of Linde by 26.0% during the fourth quarter. Invesco Ltd. now owns 5,402,317 shares of the basic materials company’s stock worth $2,303,494,000 after purchasing an additional 1,114,751 shares during the period. Amundi boosted its holdings in shares of Linde by 13.4% in the 1st quarter. Amundi now owns 3,162,409 shares of the basic materials company’s stock valued at $1,567,796,000 after buying an additional 373,012 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Linde by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,740,541 shares of the basic materials company’s stock valued at $1,358,712,000 after buying an additional 64,078 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Linde by 18.0% during the fourth quarter. Royal Bank of Canada now owns 2,250,532 shares of the basic materials company’s stock valued at $959,605,000 after purchasing an additional 343,161 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LIN. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. KeyCorp started coverage on shares of Linde in a report on Thursday, September 10th. They issued an “overweight” rating and a $542.00 price objective for the company. Bank of America increased their price objective on shares of Linde from $532.00 to $550.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Deutsche Bank Aktiengesellschaft decreased their price target on Linde from $580.00 to $575.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Finally, Royal Bank Of Canada cut their price objective on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde currently has a consensus rating of “Buy” and a consensus price target of $547.29.

View Our Latest Analysis on LIN

Linde Trading Up 0.1%

Shares of LIN stock traded up $0.59 during trading hours on Wednesday, reaching $492.70. 2,484,196 shares of the stock traded hands, compared to its average volume of 2,327,877. The business has a fifty day moving average price of $478.25 and a 200 day moving average price of $498.15. Linde PLC has a 1-year low of $387.78 and a 1-year high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $227.12 billion, a PE ratio of 31.83, a PEG ratio of 2.84 and a beta of 0.71.

Linde (NASDAQ:LIN – Get Free Report) last issued its earnings results on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, topping the consensus estimate of $4.49 by $0.01. The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a return on equity of 20.09% and a net margin of 20.43%. Linde’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.09 earnings per share. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts forecast that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were given a dividend of $1.60 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 41.34%.

About Linde

(Free Report)

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.