Rep. Thomas H. Kean, Jr. Purchases Shares of Linde PLC (NASDAQ:LIN)

Key Points

• Rep. Thomas H. Kean, Jr. disclosed a purchase of between $1,001 and $15,000 of Linde PLC (LIN) shares on March 26 in his "KEAN FAMILY PARTNERSHIP" account, per an April 13 filing.
• Linde beat quarterly EPS estimates ($4.20 vs. $4.18) with revenue up 6.3%, raised its quarterly dividend to $1.60 (annualized $6.40, ~1.3% yield), set FY2026 guidance of 17.40–17.90 EPS, and holds a MarketBeat consensus rating of "Buy" with an average target of $521.60.

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of Linde PLC NASDAQ: LIN. In a filing disclosed on April 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Linde stock on March 26th. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amcor NYSE: AMCR on 3/31/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 3/26/2026.
• Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 3/26/2026.
• Sold $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 3/26/2026.
• Sold $15,001 - $50,000 in shares of Chubb NYSE: CB on 3/26/2026.
• Sold $15,001 - $50,000 in shares of S&P Global NYSE: SPGI on 3/26/2026.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of Linde NASDAQ: LIN on 2/18/2026.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 2/13/2026.
• Purchased $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 2/5/2026.

Linde Trading Down 1.8%

NASDAQ:LIN opened at $499.63 on Wednesday. The company has a 50-day moving average price of $489.65 and a 200-day moving average price of $453.01. Linde PLC has a 12 month low of $387.78 and a 12 month high of $510.65. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. The stock has a market cap of $231.52 billion, a price-to-earnings ratio of 34.24, a P/E/G ratio of 3.34 and a beta of 0.78.

Linde (NASDAQ:LIN - Get Free Report) last announced its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating analysts' consensus estimates of $4.18 by $0.02. Linde had a net margin of 20.30% and a return on equity of 19.52%. The firm had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. During the same quarter in the previous year, the firm posted $3.97 EPS. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. Equities analysts predict that Linde PLC will post 16.54 EPS for the current year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th were issued a $1.60 dividend. This is a boost from Linde's previous quarterly dividend of $1.50. The ex-dividend date was Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. Linde's dividend payout ratio (DPR) is currently 43.87%.

Institutional Investors Weigh In On Linde

A number of hedge funds and other institutional investors have recently bought and sold shares of LIN. Purpose Unlimited Inc. bought a new position in shares of Linde during the fourth quarter valued at approximately $95,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Linde by 22.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 325,158 shares of the basic materials company's stock valued at $138,645,000 after purchasing an additional 59,154 shares during the last quarter. World Investment Advisors boosted its position in shares of Linde by 38.9% in the 4th quarter. World Investment Advisors now owns 3,829 shares of the basic materials company's stock worth $1,632,000 after purchasing an additional 1,073 shares in the last quarter. Winthrop Partners WNY LLC bought a new stake in shares of Linde in the 4th quarter worth approximately $264,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Linde in the 4th quarter worth approximately $239,000. Hedge funds and other institutional investors own 82.80% of the company's stock.

Wall Street Analyst Weigh In

LIN has been the topic of several research reports. Morgan Stanley reaffirmed an "overweight" rating and set a $530.00 price objective on shares of Linde in a research report on Friday, February 6th. Mizuho set a $525.00 target price on Linde in a research report on Friday, February 6th. DZ Bank cut Linde from a "buy" rating to a "hold" rating and set a $460.00 target price for the company. in a research note on Tuesday, February 10th. UBS Group lifted their price target on Linde from $550.00 to $579.00 and gave the company a "buy" rating in a research report on Thursday, April 9th. Finally, Weiss Ratings raised Linde from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $521.60.

Insider Buying and Selling

In other Linde news, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the completion of the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,636,202.10. The trade was a 29.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sean Durbin sold 6,520 shares of the business'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 in the company, valued at $3,890,227.77. This trade represents a 44.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is owned by corporate insiders.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election. Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Linde

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.

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