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Rep. Jonathan L. Jackson Sells Off Shares of Linde PLC (NASDAQ:LIN)

Linde logo with Basic Materials background

Key Points

  • Representative Jonathan L. Jackson sold shares of Linde PLC (NASDAQ:LIN) worth between $50,001 and $100,000 on May 7th, 2025, reported in a filing on June 13th.
  • Linde recently reported $3.95 earnings per share for the last quarter, slightly beating the consensus estimate, while revenues were $8.11 billion, a 0.1% year-over-year increase.
  • The company declared a quarterly dividend of $1.50 per share, resulting in an annualized dividend yield of 1.27%.
  • Five stocks to consider instead of Linde.
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Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Linde PLC NASDAQ: LIN. In a filing disclosed on June 13th, the Representative disclosed that they had sold between $50,001 and $100,000 in Linde stock on May 7th. The trade occurred in the Representative's "MORGAN STANLEY TRUST ACCOUNT" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

  • Purchased $15,001 - $50,000 in shares of International Business Machines NYSE: IBM on 6/3/2025.
  • Sold $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 6/3/2025.
  • Sold $15,001 - $50,000 in shares of Church & Dwight NYSE: CHD on 5/14/2025.
  • Purchased $50,001 - $100,000 in shares of International Business Machines NYSE: IBM on 5/14/2025.
  • Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/21/2025.
  • Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
  • Purchased $50,001 - $100,000 in shares of Netflix NASDAQ: NFLX on 4/16/2025.
  • Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 4/16/2025.
  • Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
  • Sold $15,001 - $50,000 in shares of Aramark NYSE: ARMK on 4/10/2025.

Linde Stock Performance

NASDAQ LIN opened at $471.49 on Friday. The company has a fifty day moving average of $466.22 and a two-hundred day moving average of $455.62. The company has a market capitalization of $221.94 billion, a PE ratio of 34.24, a P/E/G ratio of 3.32 and a beta of 0.96. Linde PLC has a 1 year low of $408.65 and a 1 year high of $487.49. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.80.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The basic materials company reported $3.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.92 by $0.03. Linde had a net margin of 20.02% and a return on equity of 18.95%. The company had revenue of $8.11 billion for the quarter, compared to the consensus estimate of $8.24 billion. During the same period last year, the firm posted $3.75 EPS. Linde's revenue for the quarter was up .1% on a year-over-year basis. As a group, analysts expect that Linde PLC will post 16.54 earnings per share for the current year.

Linde Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th were issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Wednesday, June 4th. Linde's payout ratio is 43.57%.

Insider Buying and Selling

In related news, VP David P. Strauss sold 1,987 shares of the company's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $457.04, for a total value of $908,138.48. Following the completion of the sale, the vice president directly owned 22,639 shares in the company, valued at approximately $10,346,928.56. This represents a 8.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Sean Durbin sold 7,261 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total value of $3,314,065.62. Following the completion of the transaction, the vice president directly owned 8,151 shares in the company, valued at $3,720,279.42. The trade was a 47.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research reports. UBS Group lifted their price target on shares of Linde from $485.00 to $504.00 and gave the company a "neutral" rating in a research report on Wednesday, July 9th. Royal Bank Of Canada began coverage on shares of Linde in a research report on Friday, June 13th. They set an "outperform" rating and a $576.00 target price for the company. Argus upgraded shares of Linde to a "strong-buy" rating in a research report on Tuesday, April 8th. Citigroup raised shares of Linde from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $500.00 to $535.00 in a research note on Monday, June 30th. Finally, Sanford C. Bernstein raised Linde to a "strong-buy" rating in a research note on Thursday, April 3rd. Two research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $518.80.

View Our Latest Stock Report on Linde

Institutional Investors Weigh In On Linde

A number of institutional investors have recently bought and sold shares of the business. Treasurer of the State of North Carolina increased its position in Linde by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 211,395 shares of the basic materials company's stock worth $88,505,000 after purchasing an additional 1,320 shares during the last quarter. Markel Group Inc. grew its stake in shares of Linde by 8.4% in the 4th quarter. Markel Group Inc. now owns 168,000 shares of the basic materials company's stock valued at $70,337,000 after buying an additional 13,000 shares in the last quarter. Prosperity Consulting Group LLC increased its holdings in Linde by 4.5% in the fourth quarter. Prosperity Consulting Group LLC now owns 7,788 shares of the basic materials company's stock worth $3,261,000 after buying an additional 332 shares during the last quarter. Arizona State Retirement System increased its holdings in Linde by 0.5% in the fourth quarter. Arizona State Retirement System now owns 138,500 shares of the basic materials company's stock worth $57,986,000 after buying an additional 676 shares during the last quarter. Finally, Jump Financial LLC raised its position in Linde by 300.3% during the fourth quarter. Jump Financial LLC now owns 26,150 shares of the basic materials company's stock valued at $10,948,000 after acquiring an additional 19,618 shares in the last quarter. 82.80% of the stock is currently owned by institutional investors and hedge funds.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

Linde Company Profile

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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