Linde (NASDAQ:LIN) Stock Acquired Rep. Thomas H. Kean, Jr.

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 Up 0.4%

Shares of NASDAQ LIN traded up $1.96 on Thursday, reaching $499.90. 310,862 shares of the company traded hands, compared to its average volume of 2,581,975. The stock has a market capitalization of $231.65 billion, a PE ratio of 34.26, a P/E/G ratio of 3.28 and a beta of 0.78. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week 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 company has a 50 day moving average of $490.14 and a 200 day moving average of $453.33.

Linde (NASDAQ:LINGet Free Report) last announced its quarterly 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. The company had revenue of $8.76 billion for the quarter, compared to analyst estimates of $8.64 billion. Linde had a net margin of 20.30% and a return on equity of 19.52%. Linde’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business earned $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, equities research analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were paid a dividend of $1.60 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio is currently 43.87%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and issued a $530.00 price objective on shares of Linde in a research note on Friday, February 6th. Weiss Ratings raised shares of Linde from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Citigroup boosted their price objective on Linde from $545.00 to $580.00 and gave the company a “buy” rating in a report on Monday. DZ Bank downgraded Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a report on Tuesday, February 10th. Finally, UBS Group boosted their price target on Linde from $550.00 to $579.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $521.60.

Check Out Our Latest Report on Linde

Insider Buying and Selling at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of Linde stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total transaction of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares of the company’s stock, valued at $3,890,227.77. This trade represents a 44.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Guillermo Bichara sold 4,357 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $480.79, for a total transaction of $2,094,802.03. Following the transaction, the vice president owned 22,138 shares in the company, valued at approximately $10,643,729.02. This represents a 16.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 20,332 shares of company stock valued at $9,749,257. 0.70% of the stock is currently owned by company insiders.

Institutional Trading of Linde

Several hedge funds have recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new stake in Linde during the second quarter valued at approximately $25,000. Marquette Asset Management LLC acquired a new stake in shares of Linde during the 3rd quarter valued at $27,000. Triumph Capital Management boosted its stake in shares of Linde by 69.2% during the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 27 shares in the last quarter. YANKCOM Partnership grew its holdings in shares of Linde by 195.2% in the 3rd quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 41 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Linde during the third quarter worth $29,000. Institutional investors own 82.80% of the company’s stock.

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.

Linde Company Profile

(Get Free Report)

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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