Northwestern Mutual Wealth Management Co. Trims Holdings in Linde PLC $LIN

Posted by Stanley Muller on May 27th, 2026

Northwestern Mutual Wealth Management Co. decreased its holdings in Linde PLC (NASDAQ:LIN – Free Report) by 77.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,727 shares of the basic materials company’s stock after selling 16,303 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Linde were worth $2,016,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Phoenix Financial Ltd. grew its position in shares of Linde by 1.0% during the 4th quarter. Phoenix Financial Ltd. now owns 16,672 shares of the basic materials company’s stock worth $6,594,000 after buying an additional 165 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Linde by 10.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 4,333 shares of the basic materials company’s stock worth $1,855,000 after buying an additional 412 shares in the last quarter. Avantax Planning Partners Inc. grew its position in shares of Linde by 4.0% during the 4th quarter. Avantax Planning Partners Inc. now owns 4,286 shares of the basic materials company’s stock worth $1,828,000 after buying an additional 164 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in shares of Linde by 4.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 10,821 shares of the basic materials company’s stock worth $4,614,000 after buying an additional 499 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. grew its position in shares of Linde by 299.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 1,552 shares of the basic materials company’s stock worth $714,000 after buying an additional 1,163 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

Linde Price Performance

Shares of LIN stock opened at $514.97 on Wednesday. Linde PLC has a 1-year low of $387.78 and a 1-year high of $521.28. The stock’s 50-day moving average is $500.74 and its 200 day moving average is $463.85. The company has a market cap of $238.10 billion, a P/E ratio of 34.19, a PEG ratio of 3.25 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.69.

Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The basic materials company reported $4.33 earnings per share 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 company had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter last year, the company earned $3.95 earnings per share. The firm’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. Research analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

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 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 dividend yield of 1.2%. Linde’s dividend payout ratio is presently 42.50%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on LIN. BMO Capital Markets reissued an “outperform” rating and set a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their price target on Linde from $525.00 to $530.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Seaport Research Partners increased their price target on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. UBS Group increased their price target on Linde from $550.00 to $579.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $575.00 price target on shares of Linde in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $540.00.

View Our Latest Stock Report on Linde

Insiders Place Their Bets

In other news, VP Guillermo Bichara sold 4,357 shares of the company’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 directly owned 22,138 shares of the company’s stock, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the firm’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 sale, the executive vice president directly owned 8,151 shares of the company’s stock, valued at $3,890,227.77. The trade was a 44.44% decrease in their position. The SEC filing for this sale provides additional information. 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.