Villere ST Denis J & Co. LLC lowered its holdings in Lineage, Inc. (NASDAQ:LINE – Free Report) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 594,510 shares of the company’s stock after selling 23,985 shares during the quarter. Lineage accounts for about 2.1% of Villere ST Denis J & Co. LLC’s investment portfolio, making the stock its 16th biggest position. Villere ST Denis J & Co. LLC owned about 0.26% of Lineage worth $20,285,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Frank Rimerman Advisors LLC lifted its stake in Lineage by 4.5% during the third quarter. Frank Rimerman Advisors LLC now owns 7,984 shares of the company’s stock worth $272,000 after purchasing an additional 345 shares during the period. Paralel Advisors LLC bought a new stake in shares of Lineage in the 2nd quarter valued at approximately $26,000. Alps Advisors Inc. raised its holdings in shares of Lineage by 12.1% in the 3rd quarter. Alps Advisors Inc. now owns 6,373 shares of the company’s stock worth $217,000 after buying an additional 690 shares in the last quarter. Wealth Enhancement Trust Services Inc. raised its holdings in shares of Lineage by 88.4% in the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 1,948 shares of the company’s stock worth $66,000 after buying an additional 914 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp raised its holdings in shares of Lineage by 14.4% in the 1st quarter. Lombard Odier Asset Management USA Corp now owns 8,000 shares of the company’s stock worth $262,000 after buying an additional 1,005 shares in the last quarter.
Key Lineage News
Here are the key news stories impacting Lineage this week:
- Positive Sentiment: Lineage reportedly beat Q3 estimates for adjusted FFO and revenue; revenue was about $1.36 billion, in line with the broader consensus. Same-warehouse economic occupancy also improved 30 basis points to 82.5%. Article: Lineage tops Q3 FFO and revenue estimates
- Positive Sentiment: The company declared a quarterly dividend of $0.5325 per share, while two reported insider purchases may offer a modest confidence signal. Article: Lineage reports third-quarter results
- Neutral Sentiment: Lineage set full-year 2026 adjusted EBITDA guidance at $1.25 billion–$1.27 billion and adjusted FFO per share at $2.86–$2.98, giving investors updated targets amid operational headwinds. Article: Lineage reports third-quarter results
- Negative Sentiment: GAAP results were weak: Lineage reported a $0.68-per-share loss, versus analysts’ expected loss of $0.22, and a $173 million net loss. A reported $105 million fire-related loss significantly worsened the earnings shortfall. Revenue fell 1.2% year over year, while adjusted EBITDA declined 7% to $317 million. Article: Lineage Q3 2026 earnings and fire loss
Wall Street Analysts Forecast Growth
LINE has been the topic of several recent analyst reports. Royal Bank Of Canada boosted their price target on Lineage from $44.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, August 17th. Mizuho upgraded Lineage from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $40.00 to $47.00 in a research note on Tuesday, July 28th. Weiss Ratings reissued a “sell (d+)” rating on shares of Lineage in a report on Tuesday, November 3rd. Piper Sandler reduced their target price on shares of Lineage from $44.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Finally, The Goldman Sachs Group set a $44.00 target price on shares of Lineage and gave the company a “buy” rating in a research note on Monday, October 26th. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $41.93.
Read Our Latest Stock Analysis on LINE
Lineage Stock Performance
NASDAQ LINE opened at $39.66 on Tuesday. Lineage, Inc. has a 1-year low of $31.33 and a 1-year high of $45.75. The company has a 50 day moving average of $36.29 and a 200-day moving average of $38.75. The company has a current ratio of 0.78, a quick ratio of 0.70 and a debt-to-equity ratio of 0.84. The firm has a market cap of $9.03 billion, a price-to-earnings ratio of -55.08 and a beta of 0.79.
Lineage (NASDAQ:LINE – Get Free Report) last announced its earnings results on Monday, November 9th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of ($0.22) by $0.95. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.36 billion. Lineage had a negative return on equity of 1.85% and a negative net margin of 3.15%. Lineage’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. On average, equities analysts forecast that Lineage, Inc. will post 2.47 earnings per share for the current fiscal year.
Lineage Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Wednesday, September 30th were given a $0.5325 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.13 annualized dividend and a yield of 5.4%. Lineage’s payout ratio is presently -295.83%.
Insider Transactions at Lineage
In other Lineage news, Chairman Kevin Marchetti acquired 25,000 shares of Lineage stock in a transaction on Friday, August 28th. The shares were bought at an average price of $39.50 per share, with a total value of $987,500.00. Following the completion of the purchase, the chairman owned 138,690 shares in the company, valued at $5,478,255. This trade represents a 21.99% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 71.60% of the company’s stock.
Lineage Company Profile
Lineage, Inc is a global temperature-controlled warehousing and logistics company. It operates refrigerated and frozen storage facilities that help food producers, retailers, and other customers manage products that require controlled temperatures.
Its services include cold storage, food processing and handling, blast freezing, transportation, and other supply-chain solutions. By connecting warehouses with transportation and distribution networks, Lineage supports the movement of perishable goods from producers to consumers.
Lineage grew through acquisitions and expansion into international markets, serving customers across North America, Europe, and the Asia-Pacific region.
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