41,024 Linde PLC $LIN Shares Bought by PineStone Asset Management Inc.

Posted by Brenda Bartman on Oct 18th, 2026

PineStone Asset Management Inc. grew its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 5.3% during the third quarter, HoldingsChannel.com reports. The firm owned 810,807 shares of the basic materials company’s stock after acquiring an additional 41,024 shares during the quarter. Linde makes up about 2.5% of PineStone Asset Management Inc.’s holdings, making the stock its 15th biggest holding. PineStone Asset Management Inc.’s holdings in Linde were worth $384,850,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. State Street Corp boosted its stake 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 valued at $10,558,016,000 after purchasing an additional 719,052 shares during the period. 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 grew its holdings in shares of 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 purchasing an additional 64,078 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Linde by 28.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,624,728 shares of the basic materials company’s stock worth $805,475,000 after purchasing an additional 361,664 shares during 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 currently owned by institutional investors.

Trending Headlines about Linde

Here are the key news stories impacting Linde this week:

Positive Sentiment: Barclays turned bullish on Linde. The firm initiated coverage with an “overweight” rating, adding to recent positive sentiment around Linde’s earnings durability, pricing power and exposure to long-term industrial and technology demand. Barclays initiates coverage of Linde at overweight
Positive Sentiment: Linde is expanding its carbon-capture business in Sweden. The company plans to build a facility capable of capturing 200,000 tonnes of CO2 annually at a waste-to-energy site, reinforcing its position in industrial decarbonization and potentially expanding its project pipeline. Linde to build 200,000-tonne CO2 capture plant at Swedish waste-to-energy facility
Positive Sentiment: Linde’s Taiwan affiliate is pursuing hydrogen infrastructure growth. Linde LienHwa is developing hydrogen-as-a-service and refueling solutions, which could create longer-term revenue opportunities as Taiwan increases hydrogen adoption. Linde LienHwa tackles hydrogen transport dilemma with HaaS Interview: Linde LienHwa fuels Taiwan’s hydrogen push
Neutral Sentiment: RBC remains constructive but lowered its target. Royal Bank of Canada cut its price target from $553 to $549 while retaining an “outperform” rating, suggesting continued confidence but slightly less near-term upside.
Negative Sentiment: Valuation is becoming a concern. Commentary that Linde appears fully valued on current earnings could weigh on the stock, particularly given its elevated earnings multiple and the need for continued earnings growth to justify further appreciation. Linde Stock Looks Fully Valued On Current Earnings

Analyst Ratings Changes

Several research firms recently commented on LIN. UBS Group reduced their price target on shares of Linde from $612.00 to $574.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Evercore boosted their price objective on shares of Linde from $515.00 to $525.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Linde from $580.00 to $575.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. KeyCorp started coverage on shares of Linde in a research note on Thursday, September 10th. They issued an “overweight” rating and a $542.00 target price on the stock. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Linde in a research report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Linde has an average rating of “Buy” and an average target price of $547.10.

Get Our Latest Stock Report on Linde

Linde Trading Up 1.1%

LIN opened at $498.43 on Friday. 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 stock’s fifty day moving average is $478.52 and its two-hundred day moving average is $498.15. The company has a market capitalization of $229.77 billion, a P/E ratio of 32.20, a PEG ratio of 2.91 and a beta of 0.71. Linde PLC has a 52 week low of $387.78 and a 52 week high of $548.20.

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

Linde Dividend Announcement

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

Linde Company Profile

(Free Report)

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.