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

Key Points

• Mission Wealth Management LP cut its Linde stake by 36.9% in the fourth quarter, selling 2,585 shares and ending with 4,427 shares valued at about $1.89 million.
• Linde reported stronger-than-expected quarterly results, posting EPS of $4.33 and revenue of $8.78 billion, both ahead of analyst estimates, while raising FY 2026 and Q2 2026 guidance.
• Insiders recently sold shares, but analysts remain upbeat: two executives reduced holdings, yet the stock carries a consensus “Buy” rating and an average price target of $540.

Mission Wealth Management LP trimmed its position in Linde PLC (NASDAQ:LIN - Free Report) by 36.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Blalock Williams LLC raised its position in shares of Linde by 4.5% in the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company's stock valued at $217,000 after acquiring an additional 22 shares during the period. Mutual Advisors LLC raised its position in shares of Linde by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company's stock valued at $470,000 after acquiring an additional 22 shares during the period. Binnacle Investments Inc raised its position in shares of Linde by 10.2% in the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company's stock valued at $111,000 after acquiring an additional 22 shares during the period. Baldwin Wealth Partners LLC MA raised its position in shares of Linde by 3.3% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 711 shares of the basic materials company's stock valued at $303,000 after acquiring an additional 23 shares during the period. Finally, Mayport LLC raised its position in shares of Linde by 4.8% in the 4th quarter. Mayport LLC now owns 504 shares of the basic materials company's stock valued at $215,000 after acquiring an additional 23 shares during the period. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Linde news, EVP Sean Durbin sold 6,520 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president owned 8,151 shares of the company's stock, valued at $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 is available through this link. Also, VP Guillermo Bichara sold 4,357 shares of the company's stock in a transaction that occurred on 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 transaction, the vice president directly 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. Corporate insiders own 0.30% of the company's stock.

Linde Stock Performance

Shares of LIN stock opened at $510.86 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The company has a market capitalization of $236.20 billion, a P/E ratio of 33.92, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73. The company's 50 day moving average price is $497.44 and its two-hundred day moving average price is $459.99. Linde PLC has a 52 week low of $387.78 and a 52 week high of $521.28.

Linde (NASDAQ:LIN - Get Free Report) last announced its earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping the consensus estimate of $4.27 by $0.06. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company posted $3.95 EPS. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. On average, analysts expect that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The company also recently declared 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 of this dividend is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a yield of 1.3%. Linde's dividend payout ratio is 42.50%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LIN. Erste Group Bank upgraded shares of Linde from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. boosted their price objective on Linde from $525.00 to $530.00 and gave the company an "overweight" rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $575.00 target price on shares of Linde in a research note on Monday, May 4th. Morgan Stanley restated an "overweight" rating and set a $530.00 target price on shares of Linde in a report on Friday, February 6th. Finally, Weiss Ratings upgraded shares of Linde from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $540.00.

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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