Mesirow Financial Investment Management Inc. Sells 1,695 Shares of Linde PLC $LIN

Mesirow Financial Investment Management Inc. lowered its stake in shares of Linde PLC (NASDAQ:LIN) by 2.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 59,600 shares of the basic materials company’s stock after selling 1,695 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Linde were worth $25,413,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Blalock Williams LLC increased its position in shares of Linde by 4.5% during the 4th quarter. Blalock Williams LLC now owns 510 shares of the basic materials company’s stock valued at $217,000 after purchasing an additional 22 shares during the last quarter. Mutual Advisors LLC increased its position in shares of Linde by 2.0% during the 4th quarter. Mutual Advisors LLC now owns 1,102 shares of the basic materials company’s stock valued at $470,000 after purchasing an additional 22 shares during the last quarter. Binnacle Investments Inc increased its position in shares of Linde by 10.2% during the 2nd quarter. Binnacle Investments Inc now owns 237 shares of the basic materials company’s stock valued at $111,000 after purchasing an additional 22 shares during the last quarter. Baldwin Wealth Partners LLC MA boosted its holdings in 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. Finally, Mayport LLC boosted its holdings in Linde by 4.8% during 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. Institutional investors own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Mizuho set a $525.00 price objective on Linde in a report on Friday, February 6th. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 price objective for the company. in a report on Tuesday, February 10th. Erste Group Bank upgraded Linde from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Seaport Research Partners boosted their price objective on Linde from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, Morgan Stanley restated an “overweight” rating and set a $530.00 price objective on shares of Linde in a report on Friday, February 6th. One equities research 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $540.00.

Linde Price Performance

Shares of LIN stock opened at $513.26 on Thursday. Linde PLC has a twelve month low of $387.78 and a twelve month high of $521.28. The stock has a market capitalization of $237.30 billion, a price-to-earnings ratio of 34.08, a P/E/G ratio of 3.16 and a beta of 0.73. The stock has a fifty day simple moving average of $496.69 and a two-hundred day simple moving average of $458.62. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50.

Linde (NASDAQ:LIN) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to analysts’ expectations of $8.60 billion. Linde had a return on equity of 19.80% and a net margin of 20.44%.The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned $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 predict that Linde PLC will post 17.86 EPS 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 given a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s payout ratio is presently 42.50%.

Insider Buying and Selling at Linde

In other news, VP Guillermo Bichara sold 9,455 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total value of $4,542,654.75. Following the completion of the transaction, the vice president directly owned 22,138 shares of the company’s stock, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sean Durbin sold 6,520 shares of the business’s 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 completion of the transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. The trade was a 44.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 20,332 shares of company stock valued at $9,749,257. Corporate insiders own 0.30% of the company’s stock.

Linde Company 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.