Mission Wealth Management LP Has $1.89 Million Stock Position in Linde PLC $LIN

Mission Wealth Management LP lowered its position in shares of Linde PLC (NASDAQ:LIN) by 36.9% in the fourth quarter, HoldingsChannel reports. The fund owned 4,427 shares of the basic materials company’s stock after selling 2,585 shares during the period. Mission Wealth Management LP’s holdings in Linde were worth $1,888,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LIN. Brighton Jones LLC bought a new stake in shares of Linde during the 4th quarter worth approximately $2,752,000. Revolve Wealth Partners LLC raised its stake in shares of Linde by 14.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company’s stock worth $325,000 after purchasing an additional 96 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Linde by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company’s stock worth $736,000 after purchasing an additional 259 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Linde by 19.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company’s stock worth $421,000 after purchasing an additional 145 shares in the last quarter. Finally, Gabelli Funds LLC raised its stake in shares of Linde by 3.2% during the 2nd quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company’s stock worth $2,639,000 after purchasing an additional 175 shares in the last quarter. Institutional investors and hedge funds own 82.80% of the company’s stock.

Linde Trading Up 0.9%

LIN stock opened at $510.86 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. The company has a fifty day moving average price of $497.44 and a two-hundred day moving average price of $459.99. Linde PLC has a one year low of $387.78 and a one year high of $521.28. The stock has a market cap of $236.20 billion, a price-to-earnings ratio of 33.92, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. During the same period in the previous year, the business posted $3.95 earnings per share. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Equities analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $1.60 per share. The ex-dividend date is Thursday, June 4th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde’s dividend payout ratio (DPR) is presently 42.50%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective on the stock. in a research note on Tuesday, February 10th. UBS Group upped their price objective on Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Seaport Research Partners upped their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. upped their price objective on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Mizuho set a $525.00 price objective on Linde in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $540.00.

Insider Buying and Selling at Linde

In other Linde news, VP Guillermo Bichara sold 4,357 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the transaction, the vice president owned 22,138 shares in the company, valued at $10,643,729.02. This trade represents a 16.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total value of $3,111,800.40. Following the transaction, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by company insiders.

Linde Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher?value specialty and electronic gases.