Bluebird Wealth Management LLC Takes Position in Linde PLC $LIN

Key Points

• Bluebird Wealth Management LLC initiated a new position in Linde in Q4, buying 2,984 shares valued at about $1.27 million.
• Linde beat Q1 estimates with $4.33 EPS vs. $4.27 expected and $8.78B revenue vs. $8.60B expected, set FY2026 guidance of $17.60–$17.90 EPS, and holds a consensus Buy rating with an average target of $540.
• Insiders sold 20,332 shares (~$9.75M) in the last quarter—including EVP Sean Durbin and VP Guillermo Bichara—while institutional investors own about 82.8% of the stock and insiders own 0.70%.

Bluebird Wealth Management LLC bought a new stake in shares of Linde PLC (NASDAQ:LIN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,984 shares of the basic materials company's stock, valued at approximately $1,272,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in Linde during the fourth quarter valued at $2,752,000. Revolve Wealth Partners LLC raised its position in Linde by 14.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 777 shares of the basic materials company's stock valued at $325,000 after buying an additional 96 shares during the period. Sivia Capital Partners LLC raised its position in Linde by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 1,569 shares of the basic materials company's stock valued at $736,000 after buying an additional 259 shares during the period. Schnieders Capital Management LLC. raised its position in Linde by 19.3% during the second quarter. Schnieders Capital Management LLC. now owns 897 shares of the basic materials company's stock valued at $421,000 after buying an additional 145 shares during the period. Finally, Gabelli Funds LLC raised its position in Linde by 3.2% during the second quarter. Gabelli Funds LLC now owns 5,625 shares of the basic materials company's stock valued at $2,639,000 after buying an additional 175 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LIN. BMO Capital Markets reissued an "outperform" rating and set a $560.00 price target on shares of Linde in a research report on Tuesday. Weiss Ratings lowered Linde from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, April 29th. Morgan Stanley reissued an "overweight" rating and set a $530.00 price target on shares of Linde in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their price target on Linde from $525.00 to $530.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Citigroup boosted their target price on Linde from $580.00 to $585.00 and gave the company a "buy" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $540.00.

Insider Activity

In other news, EVP Sean Durbin sold 6,520 shares of the company's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares in the company, valued at approximately $3,890,227.77. This represents a 44.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the company's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $480.79, for a total value of $2,094,802.03. Following the sale, the vice president owned 22,138 shares of the company's stock, valued at approximately $10,643,729.02. This trade represents a 16.44% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is currently owned by corporate insiders.

Linde Stock Performance

Shares of NASDAQ LIN opened at $501.87 on Thursday. The business's 50-day moving average price is $497.08 and its two-hundred day moving average price is $456.81. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69. Linde PLC has a one year low of $387.78 and a one year high of $521.28. The company has a market capitalization of $232.04 billion, a P/E ratio of 33.32, a price-to-earnings-growth ratio of 3.15 and a beta of 0.73.

Linde (NASDAQ:LIN - Get Free Report) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $4.27 by $0.06. Linde had a return on equity of 19.80% and a net margin of 20.44%.The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the previous year, the company posted $3.95 earnings per share. The business's quarterly revenue 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. Analysts anticipate that Linde PLC will post 17.85 earnings per share for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. Linde's dividend payout ratio is 42.50%.

About Linde

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.

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