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

Key Points

• Representative Lisa C. McClain sold shares of Linde PLC (NASDAQ:LIN) for between $1,001 and $15,000 on July 16th, as disclosed in a filing.
• Linde recently reported $4.09 earnings per share for the quarter, beating estimates and showing a revenue increase of 2.3% year-over-year.
• The company's board announced a quarterly dividend of $1.50 per share, which will be paid on September 18th, reflecting an annualized yield of 1.2%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Linde PLC NASDAQ: LIN. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Linde stock on July 16th. 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 Price Performance

LIN traded up $2.45 during midday trading on Friday, hitting $480.08. 1,951,307 shares of the company traded hands, compared to its average volume of 2,083,887. 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 company has a market capitalization of $225.11 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 3.15 and a beta of 0.92. Linde PLC has a 52-week low of $408.65 and a 52-week high of $487.49. The business has a 50 day simple moving average of $468.14 and a two-hundred day simple moving average of $459.69.

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

Linde Announces Dividend

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

Insider Transactions at Linde

In related news, VP Sean Durbin sold 7,261 shares of Linde 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 owned 8,151 shares in the company, valued at approximately $3,720,279.42. The trade was a 47.11% 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, Director Stephen F. Angel sold 50,309 shares of Linde stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $473.38, for a total transaction of $23,815,274.42. Following the completion of the transaction, the director owned 480,543 shares of the company's stock, valued at $227,479,445.34. This trade represents a 9.48% decrease in their position. The disclosure for this sale can be found here. 0.70% of the stock is owned by company insiders.

Institutional Trading of Linde

Hedge funds and other institutional investors have recently made changes to their positions in the company. Prosperity Consulting Group LLC increased its position in shares of Linde by 4.5% during the fourth quarter. Prosperity Consulting Group LLC now owns 7,788 shares of the basic materials company's stock valued at $3,261,000 after acquiring an additional 332 shares during the last quarter. Jump Financial LLC increased its position in shares of 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 during the last quarter. AlTi Global Inc. acquired a new stake in shares of Linde during the fourth quarter valued at about $971,000. Truist Financial Corp increased its position in shares of Linde by 75.0% during the first quarter. Truist Financial Corp now owns 193,563 shares of the basic materials company's stock valued at $90,131,000 after acquiring an additional 82,952 shares during the last quarter. Finally, Freedom Day Solutions LLC increased its position in shares of Linde by 9.6% during the first quarter. Freedom Day Solutions LLC now owns 6,102 shares of the basic materials company's stock valued at $2,841,000 after acquiring an additional 535 shares during the last quarter. Institutional investors and hedge funds own 82.80% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group raised their price target on shares of Linde from $485.00 to $504.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 9th. JPMorgan Chase & Co. raised their price target on shares of Linde from $470.00 to $475.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Citigroup raised shares of Linde from a "neutral" rating to a "buy" rating and raised their price target for the stock from $500.00 to $535.00 in a research note on Monday, June 30th. Finally, Royal Bank Of Canada assumed coverage on shares of Linde in a research note on Friday, June 13th. They issued an "outperform" rating and a $576.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $519.63.

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.

About Linde

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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