LindeLIN
About: Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue in 2024.
Employees: 64,842
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 150 | Existing positions closed: 95
21% more repeat investments, than reductions
Existing positions increased: 865 | Existing positions reduced: 713
0.9% more ownership
Funds ownership: 80.31% [Q1] → 81.2% (+0.9%) [Q2]
1% more capital invested
Capital invested by funds: $178B [Q1] → $179B (+$1.43B) [Q2]
1% more funds holding
Funds holding: 2,034 [Q1] → 2,048 (+14) [Q2]
11% less call options, than puts
Call options by funds: $512M | Put options by funds: $574M
12% less funds holding in top 10
Funds holding in top 10: 77 [Q1] → 68 (-9) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
JP Morgan Jeffrey Zekauskas | 1%downside $475 | Overweight Maintained | 4 Aug 2025 |
UBS Geoff Haire | 5%upside $504 | Neutral Maintained | 9 Jul 2025 |
Citigroup Patrick Cunningham | 12%upside $535 | Buy Upgraded | 30 Jun 2025 |
RBC Capital Arun Viswanathan | 21%upside $576 | Outperform Initiated | 13 Jun 2025 |
Financial journalist opinion
Based on 14 articles about LIN published over the past 30 days









