Lineage (NASDAQ:LINE) Given New $40.00 Price Target at Robert W. Baird

Lineage (NASDAQ:LINE) had its target price decreased by Robert W. Baird from $43.00 to $40.00 in a research note published on Wednesday morning,Benzinga reports. Robert W. Baird currently has a neutral rating on the stock.

Several other research analysts also recently commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Lineage in a research note on Tuesday, November 3rd. Mizuho raised shares of Lineage from a “neutral” rating to an “outperform” rating and increased their price target for the company from $40.00 to $47.00 in a research report on Tuesday, July 28th. Wall Street Zen raised shares of Lineage from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. cut their price target on shares of Lineage from $40.00 to $37.00 and set an “underweight” rating on the stock in a report on Thursday, October 15th. Finally, Wells Fargo & Company boosted their price objective on shares of Lineage from $36.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 1st. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Lineage has a consensus rating of “Hold” and a consensus price target of $41.73.

Lineage Trading Up 1.5%

Shares of LINE stock opened at $35.40 on Wednesday. The business has a 50-day moving average of $36.13 and a 200 day moving average of $38.74. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.78 and a quick ratio of 0.70. Lineage has a 1-year low of $31.33 and a 1-year high of $45.75. The stock has a market capitalization of $8.06 billion, a PE ratio of 88.50 and a beta of 0.79.

Lineage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Wednesday, September 30th were issued a $0.5325 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $2.13 annualized dividend and a yield of 6.0%. Lineage’s dividend payout ratio is 532.50%.

Insider Buying and Selling

In related news, Chairman Kevin Marchetti bought 25,000 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was purchased at an average cost of $39.50 per share, with a total value of $987,500.00. Following the transaction, the chairman owned 138,690 shares in the company, valued at approximately $5,478,255. This trade represents a 21.99% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 71.60% of the company’s stock.

Institutional Investors Weigh In On Lineage

Large investors have recently modified their holdings of the stock. Private Wealth Asset Management LLC bought a new position in shares of Lineage in the 3rd quarter worth approximately $198,000. Focus Advisor Solutions LLC lifted its holdings in shares of Lineage by 92.9% during the third quarter. Focus Advisor Solutions LLC now owns 24,311 shares of the company’s stock valued at $830,000 after purchasing an additional 11,708 shares during the last quarter. Cibc World Market Inc. lifted its holdings in shares of Lineage by 161.3% during the third quarter. Cibc World Market Inc. now owns 43,649 shares of the company’s stock valued at $1,489,000 after purchasing an additional 26,946 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Lineage by 5.3% during the third quarter. HighTower Advisors LLC now owns 2,407,052 shares of the company’s stock valued at $82,129,000 after purchasing an additional 120,886 shares during the last quarter. Finally, Paralel Advisors LLC boosted its position in shares of Lineage by 4,066.7% in the 3rd quarter. Paralel Advisors LLC now owns 25,000 shares of the company’s stock worth $853,000 after purchasing an additional 24,400 shares in the last quarter.

Latest Lineage News

These are some of the LINE news items that stood out recently:

• Positive Sentiment: Lineage expects 2026 adjusted EBITDA of $1.25 billion to $1.27 billion. The company also said cold-storage inventories are stabilizing after capacity reductions, which could support operating conditions. Lineage expects 2026 adjusted EBITDA and discusses leverage Lineage sees cold storage inventories stabilize
• Neutral Sentiment: Management is targeting leverage of 5.0x–5.5x. That provides a financial goal, but the elevated target range keeps debt and balance-sheet management in focus. Lineage’s 2026 outlook and leverage target
• Negative Sentiment: Robert W. Baird cut its price target to $40 from $43 and kept a neutral rating. The new target still implies about 13% upside from the cited $35.40 share price, but the reduction may weigh on sentiment. Robert W. Baird stock recommendations

About Lineage

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.