Rep. Lisa C. McClain Purchases Shares of Linde PLC (NASDAQ:LIN)

Key Points

• Representative Lisa C. McClain recently purchased shares of Linde PLC (NASDAQ:LIN) for between $1,001 and $15,000 on June 24th, as disclosed in a filing.
• Linde's stock is currently trading at $480.08, with a market cap of $225.11 billion and analysts predicting 16.54 EPS for the current year.
• The company has declared a quarterly dividend of $1.50, representing a 1.2% dividend yield, with an ex-dividend date set for September 4th.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Linde PLC NASDAQ: LIN. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Linde stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Linde Trading Up 0.5%

Shares of NASDAQ:LIN traded up $2.45 during midday trading on Friday, hitting $480.08. The company had a trading volume of 1,951,307 shares, compared to its average volume of 1,506,062. The stock has a market cap of $225.11 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 3.17 and a beta of 0.92. Linde PLC has a 12 month low of $408.65 and a 12 month high of $487.49. The company has a current ratio of 0.93, a quick ratio of 0.78 and a debt-to-equity ratio of 0.49. The firm has a fifty day simple moving average of $468.28 and a 200 day simple moving average of $460.15.

Linde (NASDAQ:LIN - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, beating analysts' consensus estimates of $4.03 by $0.06. The company had revenue of $8.50 billion for the quarter, compared to analyst estimates of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $3.85 earnings per share. On average, analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 4th. Linde's dividend payout ratio (DPR) is currently 42.67%.

Analyst Upgrades and Downgrades

LIN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on Linde from $470.00 to $475.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Royal Bank Of Canada initiated coverage on Linde in a research note on Friday, June 13th. They issued an "outperform" rating and a $576.00 price target for the company. Citigroup upgraded Linde from a "neutral" rating to a "buy" rating and boosted their price target for the company from $500.00 to $535.00 in a research note on Monday, June 30th. Finally, UBS Group boosted their price target on Linde from $485.00 to $504.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $519.63.

Insider Buying and Selling

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the transaction, the director directly owned 480,543 shares in the company, valued at approximately $227,479,445.34. This trade represents a 9.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Sean Durbin sold 7,261 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $456.42, for a total transaction of $3,314,065.62. Following the completion of the sale, the vice president directly owned 8,151 shares of the company's stock, valued at approximately $3,720,279.42. This trade represents 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 corporate insiders.

Hedge Funds Weigh In On Linde

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new position in Linde during the second quarter valued at approximately $3,098,772,000. Freemont Capital Pte Ltd bought a new position in Linde during the fourth quarter valued at approximately $2,128,233,000. Nuveen LLC bought a new position in Linde during the first quarter valued at approximately $2,097,793,000. GAMMA Investing LLC lifted its position in Linde by 58,312.0% during the first quarter. GAMMA Investing LLC now owns 3,415,935 shares of the basic materials company's stock valued at $1,590,596,000 after purchasing an additional 3,410,087 shares during the period. Finally, Capital World Investors lifted its position in Linde by 34.4% during the fourth quarter. Capital World Investors now owns 11,547,765 shares of the basic materials company's stock valued at $4,834,631,000 after purchasing an additional 2,957,604 shares during the period. Hedge funds and other institutional investors own 82.80% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Linde Company Profile

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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