Callahan Advisors LLC Purchases New Holdings in Linde PLC $LIN

Posted by Geri Gentry on May 21st, 2026

Callahan Advisors LLC purchased a new stake in shares of Linde PLC (NASDAQ:LIN – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,695 shares of the basic materials company’s stock, valued at approximately $723,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Blalock Williams LLC grew its holdings in 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 grew its holdings in 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 grew its holdings in 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 grew 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 purchasing an additional 23 shares during the last quarter. Finally, Mayport LLC grew 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 purchasing an additional 23 shares during the last quarter. 82.80% of the stock is currently owned by institutional investors.

Insider Activity at Linde

In other news, EVP Sean Durbin sold 6,520 shares of the company’s stock in a transaction that occurred on 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 sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 transaction of $2,094,802.03. Following the completion of the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,643,729.02. The trade was a 16.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

LIN has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $575.00 target price on shares of Linde in a research note on Monday, May 4th. UBS Group upped their target price on shares of Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Morgan Stanley restated an “overweight” rating and issued a $530.00 target price on shares of Linde in a research note on Friday, February 6th. BMO Capital Markets restated an “outperform” rating and issued a $560.00 target price on shares of Linde in a research note on Tuesday, May 5th. Finally, Erste Group Bank upgraded shares of Linde from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Linde presently has a consensus rating of “Buy” and an average price target of $540.00.

Check Out Our Latest Stock Analysis on Linde

Linde Price Performance

Shares of LIN stock opened at $506.63 on Thursday. 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 market capitalization of $234.24 billion, a P/E ratio of 33.64, a P/E/G ratio of 3.18 and a beta of 0.73. The company’s 50-day simple moving average is $498.33 and its two-hundred day simple moving average is $461.05. Linde PLC has a one year low of $387.78 and a one year high of $521.28.

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, 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 business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same period in the prior year, the firm earned $3.95 EPS. 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. As a group, equities analysts anticipate that Linde PLC will post 17.86 EPS for the current year.

Linde Announces Dividend

The firm 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 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. Linde’s dividend payout ratio is presently 42.50%.

Linde Company Profile

(Free Report)

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.