MAY 21·MarketBeat▲
PNC Financial Services Group Inc. Reduces Stake in Linde PLC $LIN
PNC Financial Services Group Inc. reduced its stake in Linde PLC by 5.1% in the fourth quarter, selling 27,502 shares and now owning 508,639 shares valued at $216.88 million. Despite this reduction, other institutional investors increased their holdings in Linde, which currently has a market capitalization of $234.24 billion and a P/E ratio of 33.64. Analysts maintain a "Buy" rating for Linde, with a consensus target price of $540.00, anticipating an EPS of 17.86 for the current fiscal year.
MAY 20·MarketBeat▲
Linde PLC $LIN Shares Acquired by Envestnet Portfolio Solutions Inc.
Envestnet Portfolio Solutions Inc. significantly increased its stake in Linde PLC by 23.6% in the fourth quarter, acquiring an additional 7,855 shares, bringing their total holdings to $17.5 million. This reflects a broader trend of increased institutional investment in Linde, with several other hedge funds also modifying their positions. The article also details Linde's recent financial performance, dividend announcement, insider transactions, and current analyst ratings, which largely suggest a "Buy" consensus for the stock.