Representative Jefferson Shreve (R-Indiana) recently bought shares of Linde plc NASDAQ: LIN. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $50,001 and $100,000 in Linde stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
Linde Price Performance
Shares of Linde stock traded up $4.65 during trading on Thursday, reaching $450.62. The company's stock had a trading volume of 524,324 shares, compared to its average volume of 1,934,427. The business has a 50 day moving average price of $451.10 and a 200-day moving average price of $448.04. Linde plc has a 12-month low of $408.65 and a 12-month high of $487.49. The company has a market capitalization of $212.12 billion, a P/E ratio of 33.07, a price-to-earnings-growth ratio of 3.08 and a beta of 1.00. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 0.39.
Linde (NASDAQ:LIN - Get Free Report) last issued its earnings results on Thursday, May 1st. The basic materials company reported $3.95 EPS for the quarter, topping the consensus estimate of $3.92 by $0.03. The company had revenue of $8.11 billion for the quarter, compared to analyst estimates of $8.24 billion. Linde had a net margin of 19.89% and a return on equity of 18.71%. The business's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.75 EPS. As a group, sell-side analysts anticipate that Linde plc will post 16.54 EPS for the current year.
Linde Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Wednesday, June 4th. Linde's dividend payout ratio (DPR) is 43.57%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. North Capital Inc. acquired a new stake in Linde during the first quarter valued at approximately $25,000. Synergy Asset Management LLC acquired a new stake in shares of Linde during the fourth quarter worth $25,000. Rakuten Securities Inc. lifted its holdings in shares of Linde by 1,160.0% during the fourth quarter. Rakuten Securities Inc. now owns 63 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 58 shares during the last quarter. Putney Financial Group LLC acquired a new position in shares of Linde in the 4th quarter valued at $31,000. Finally, Dunhill Financial LLC purchased a new position in Linde in the 4th quarter worth about $34,000. 82.80% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, VP Juergen Nowicki sold 6,782 shares of the firm's stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $459.62, for a total value of $3,117,142.84. Following the completion of the sale, the vice president now owns 14,765 shares of the company's stock, valued at $6,786,289.30. This trade represents a 31.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP David P. Strauss sold 2,477 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $469.74, for a total value of $1,163,545.98. Following the sale, the vice president now owns 1,300 shares of the company's stock, valued at $610,662. The trade was a 65.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.60% of the company's stock.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Sanford C. Bernstein raised shares of Linde to a "strong-buy" rating in a report on Thursday, April 3rd. Argus raised Linde to a "strong-buy" rating in a research note on Tuesday, April 8th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $503.11.
Get Our Latest Analysis on LIN
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Linde
(
Get Free Report)
Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.
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