Balentine LLC invested
$303,000 in Linde PLC (NASDAQ: LIN). The asset manager is not the only one bullish on the company with
Jennison Associates and
Markel Group also increasing their stakes. Despite this, a number of firms including
Concord Wealth Partners and
Saturna Capital lowered their stock holdings. The latter, however, was not a deterrent as
Hardy Reed and
Cwm purchased and has $5.21 million at stake, respectively. The surge of interest in Linde PLC continues as
CenterBook Partners LP and
Bridgewater Advisors acquired substantial shares as well. However,
Bryn Mawr Capital Management and
Segall Bryant & Hamill decided to decrease their stakes. Amidst these, Linde secured a
$400M contract for a low-carbon ammonia plant, holding its price target as UBS highlighted its growth sectors. Despite some firms selling Linde shares,
Brown Advisory and
Xponance still opted to buy. The company is further forecast to beat estimates in its next earnings report, and market performance is likely grounded on its strong fundamentals. Overall, the investment activities surrounding Linde display a positive market sentiment.
Linde Stocks LIN News Analytics from Mon, 10 Feb 2025 08:00:00 GMT to Sat, 19 Jul 2025 13:56:29 GMT -
Rating 7
- Innovation 1
- Information 9
- Rumor -3
