Oregon's pension fund boosted its Linde stake after strong earnings and raised guidance.

Oregon Public Employees Retirement Fund increased its stake in Linde PLC by 31.8% in Q3 2025, adding 12,944 shares, while Nisa Investment Advisors and Steigerwald Gordon & Koch also boosted their holdings. Linde reported strong Q3 earnings on October 31, 2025, with $4.21 EPS, slightly above estimates, and $8.62 billion in revenue, up 2.9% year-over-year. The company raised its full-year 2025 earnings guidance to $16.35–$16.45 per share and declared a $1.50 quarterly dividend. As of January 9, 2026, the stock traded at $439.69 with a market cap of $205.31 billion, a P/E ratio of 29.45, and a consensus “Buy” rating with a $501.00 target.