Heirloom Wealth Management Has $16.07 Million Holdings in Linde PLC $LIN

Heirloom Wealth Management lifted its holdings in shares of Linde PLC (NASDAQ:LIN) by 26.7% during the 4th quarter, Holdings Channel reports. The firm owned 37,679 shares of the basic materials company’s stock after purchasing an additional 7,944 shares during the period. Linde makes up 3.7% of Heirloom Wealth Management’s holdings, making the stock its 11th largest holding. Heirloom Wealth Management’s holdings in Linde were worth $16,066,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LIN. Shepherd Financial Partners LLC grew its position in Linde by 4.5% during the second quarter. Shepherd Financial Partners LLC now owns 508 shares of the basic materials company’s stock worth $238,000 after buying an additional 22 shares in the last quarter. Embree Financial Group increased its stake in Linde by 4.9% during the 3rd quarter. Embree Financial Group now owns 469 shares of the basic materials company’s stock worth $223,000 after acquiring an additional 22 shares during the period. Binnacle Investments Inc raised its holdings in 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 in the last quarter. Trust Co. of Vermont raised its holdings in Linde by 0.3% in the 3rd quarter. Trust Co. of Vermont now owns 8,571 shares of the basic materials company’s stock valued at $4,071,000 after acquiring an additional 23 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA lifted its position in shares of Linde by 3.3% during 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. 82.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on LIN. JPMorgan Chase & Co. raised Linde from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $455.00 to $525.00 in a report on Friday, March 13th. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price target on shares of Linde in a research note on Friday, February 6th. Royal Bank Of Canada cut their price objective on shares of Linde from $540.00 to $490.00 and set an “outperform” rating for the company in a research report on Friday, December 12th. Weiss Ratings upgraded shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. Finally, Citigroup raised their target price on shares of Linde from $540.00 to $545.00 and gave the company a “buy” rating in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $515.20.

Insider Transactions at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value 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 approximately $3,890,227.77. This represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 9,455 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the sale, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 20,332 shares of company stock worth $9,749,257. Company insiders own 0.70% of the company’s stock.

Linde Stock Down 0.7%

Shares of LIN opened at $495.76 on Wednesday. The firm has a 50 day simple moving average of $480.12 and a two-hundred day simple moving average of $451.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.74. Linde PLC has a one year low of $387.78 and a one year high of $510.65. The company has a market cap of $229.73 billion, a P/E ratio of 33.98, a P/E/G ratio of 3.28 and a beta of 0.82.

Linde (NASDAQ:LIN) last issued its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts’ consensus estimates of $4.18 by $0.02. Linde had a return on equity of 19.52% and a net margin of 20.30%.The firm had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.64 billion. During the same quarter last year, the business posted $3.97 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Research analysts forecast that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend was Wednesday, March 11th. Linde’s payout ratio is 43.87%.

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.