Cullen Frost Bankers Inc. Has $12.90 Million Position in Linde PLC $LIN

Posted by Stanley Muller on May 21st, 2026

Cullen Frost Bankers Inc. trimmed its position in Linde PLC (NASDAQ:LIN – Free Report) by 4.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 30,253 shares of the basic materials company’s stock after selling 1,408 shares during the period. Cullen Frost Bankers Inc.’s holdings in Linde were worth $12,900,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of Linde during the second quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde during the 3rd quarter valued at $29,000. Saranac Partners Ltd acquired a new position in shares of Linde in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC grew its stake in shares of Linde by 134.5% during the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 39 shares during the period. Finally, Guerra Advisors Inc bought a new stake in Linde in the third quarter valued at about $30,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on LIN. Royal Bank Of Canada boosted their target price on Linde from $552.00 to $570.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. UBS Group upped their target price on shares of Linde from $550.00 to $579.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Weiss Ratings raised shares of Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $575.00 price objective on shares of Linde in a research note on Monday, May 4th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $530.00 price target on shares of Linde in a research report on Friday, February 6th. One investment 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $540.00.

View Our Latest Report on Linde

Linde Trading Up 0.1%

Shares of NASDAQ:LIN opened at $506.63 on Thursday. The company’s 50-day moving average price is $498.33 and its two-hundred day moving average price is $461.05. Linde PLC has a one year low of $387.78 and a one year high of $521.28. 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 stock has a market capitalization of $234.24 billion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 3.18 and a beta of 0.73.

Linde (NASDAQ:LIN – Get Free Report) last released its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (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 business 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 business earned $3.95 earnings per share. Linde’s quarterly revenue was up 8.2% on a year-over-year basis. 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, equities analysts forecast that Linde PLC will post 17.86 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, June 4th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. Linde’s dividend payout ratio is currently 42.50%.

Insider Activity at Linde

In related news, EVP Sean Durbin sold 6,520 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction 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 transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. The trade was a 16.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.30% of the company’s stock.

About Linde

(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.