Renaissance Technologies LLC Has $9.59 Million Stock Holdings in Lineage, Inc. $LINE

Renaissance Technologies LLC trimmed its holdings in shares of Lineage, Inc. (NASDAQ:LINE) by 21.9% in the first quarter, Holdings Channel.com reports. The firm owned 292,700 shares of the company’s stock after selling 82,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Lineage were worth $9,589,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in Lineage in the fourth quarter valued at approximately $482,255,000. Morgan Stanley increased its position in shares of Lineage by 378.6% during the fourth quarter. Morgan Stanley now owns 5,017,332 shares of the company’s stock worth $175,607,000 after acquiring an additional 3,968,958 shares in the last quarter. Darlington Partners Capital Management LP increased its position in shares of Lineage by 45.5% during the third quarter. Darlington Partners Capital Management LP now owns 5,132,810 shares of the company’s stock worth $198,332,000 after acquiring an additional 1,605,810 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Lineage by 636.1% during the fourth quarter. AQR Capital Management LLC now owns 1,330,439 shares of the company’s stock worth $46,273,000 after acquiring an additional 1,149,686 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in shares of Lineage by 677.2% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 975,950 shares of the company’s stock worth $34,158,000 after acquiring an additional 850,380 shares during the period.

Key Lineage News

Here are the key news stories impacting Lineage this week:

• Neutral Sentiment: Lineage’s effort to rebuild the burned Boyle Heights warehouse could eventually restore local capacity, but the project has become entangled in public-health concerns and opposition. Lineage Seeks Rebuild of Boyle Heights Warehouse Amid Public Health Outrage, Unfinished Cleanup
• Negative Sentiment: Los Angeles Mayor Karen Bass issued an emergency order stopping the processing of plans to rebuild the warehouse, creating additional uncertainty over the site’s future and potentially extending disruption. Mayor Bass Issues Emergency Executive Order Not to Process Rebuilding Plans for Lineage Warehouse
• Negative Sentiment: Residents are planning a rally demanding cleanup, accountability and closure of the Lineage Logistics facility, while reports cite odor and health concerns affecting the surrounding community. The protests increase reputational and potential litigation or regulatory risks. Boyle Heights Residents to Rally Over Lineage Cleanup Delays
• Negative Sentiment: Los Angeles County health authorities could impose daily fines if cleanup obligations are not met, adding a potentially recurring cost to the warehouse incident. Lineage Could Face Daily Fines Imposed by LA County Health
• Negative Sentiment: Parents and schools remain concerned about reopening near the warehouse, underscoring the broader community impact and the possibility of prolonged remediation or operating restrictions. How LAUSD Schools in Boyle Heights Prepare After Lineage Warehouse Fire
• Neutral Sentiment: A separate article concerns Lineage Cell Therapeutics, not Lineage, Inc. (LINE), and therefore is not relevant to LINE’s valuation or trading outlook. Lineage Cell Therapeutics to Report Second Quarter 2026 Financial Results

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Lineage from $39.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, June 1st. Truist Financial boosted their price target on Lineage from $44.00 to $46.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. UBS Group upped their price objective on Lineage from $35.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Scotiabank reiterated a “sector perform” rating and set a $45.00 price objective on shares of Lineage in a report on Thursday, June 18th. Finally, Evercore set a $44.00 target price on Lineage in a research note on Monday, June 8th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, Lineage currently has a consensus rating of “Hold” and a consensus target price of $43.38.

Lineage Stock Performance

Shares of NASDAQ LINE opened at $42.37 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.76 and a current ratio of 0.85. The stock has a 50 day moving average price of $43.07 and a 200 day moving average price of $39.15. The stock has a market capitalization of $9.65 billion, a PE ratio of -68.34 and a beta of 0.84. Lineage, Inc. has a 52 week low of $31.33 and a 52 week high of $45.75.

Lineage (NASDAQ:LINE) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of ($0.23) by $1.01. Lineage had a negative return on equity of 1.56% and a negative net margin of 2.72%.The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the firm earned $0.86 EPS. The business’s quarterly revenue was up .4% on a year-over-year basis. Analysts predict that Lineage, Inc. will post 2.49 earnings per share for the current fiscal year.

Lineage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, June 30th were issued a dividend of $0.5325 per share. This represents a $2.13 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Tuesday, June 30th. Lineage’s payout ratio is presently -343.55%.

Lineage Company Profile

Lineage Logistics, Inc (NASDAQ: LINE) is a leading provider of temperature-controlled industrial real estate and supply chain solutions. The company specializes in refrigerated and frozen storage, transportation, and ancillary services designed to support the global perishable goods industry. From food manufacturers and distributors to retailers and foodservice operators, Lineage offers tailored temperature management solutions that help clients optimize inventory turnover, reduce waste, and maintain product quality throughout the cold chain.

Lineage’s core services include ambient, refrigerated and frozen warehousing, cross-docking, transloading, and dedicated transportation.