Linde (NASDAQ:LIN) Stock Unloaded by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Linde PLC (NASDAQ:LIN). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Linde stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Linde Price Performance

Shares of Linde stock opened at $472.04 on Tuesday. The firm has a market cap of $217.60 billion, a PE ratio of 30.49, a P/E/G ratio of 2.74 and a beta of 0.72. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20. The company has a quick ratio of 0.75, a current ratio of 0.88 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $482.57 and a 200 day moving average price of $498.69.

Linde (NASDAQ:LIN) last posted its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 EPS for the quarter, beating analysts’ consensus estimates of $4.49 by $0.01. Linde had a return on equity of 20.09% and a net margin of 20.43%.The business had revenue of $9.29 billion during the quarter, compared to analysts’ expectations of $9.02 billion. During the same period in the previous year, the business earned $4.09 earnings per share. The business’s revenue was up 9.3% compared to the same quarter last year. Linde has set its FY 2026 guidance at 17.700-17.900 EPS and its Q3 2026 guidance at 4.450-4.550 EPS. Sell-side analysts predict that Linde PLC will post 17.86 earnings per share for the current fiscal year.

Linde Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $1.60 per share. The ex-dividend date was Thursday, September 3rd. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.4%. Linde’s dividend payout ratio (DPR) is 41.34%.

Institutional Trading of Linde

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital International Investors grew its holdings in Linde by 20.1% during the 4th quarter. Capital International Investors now owns 7,610,387 shares of the basic materials company’s stock worth $3,245,255,000 after acquiring an additional 1,275,477 shares in the last quarter. National Pension Service lifted its holdings in Linde by 23.9% during the 4th quarter. National Pension Service now owns 1,198,564 shares of the basic materials company’s stock worth $511,056,000 after buying an additional 231,048 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Linde by 177.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,263,064 shares of the basic materials company’s stock worth $538,558,000 after acquiring an additional 807,370 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Linde by 35.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 348,815 shares of the basic materials company’s stock valued at $148,731,000 after acquiring an additional 90,858 shares during the last quarter. Finally, Marble Wealth LLC acquired a new stake in shares of Linde during the 4th quarter valued at approximately $1,675,000. 82.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. KeyCorp started coverage on shares of Linde in a research note on Thursday, September 10th. They issued an “overweight” rating and a $542.00 price target on the stock. BMO Capital Markets reduced their target price on Linde from $560.00 to $546.00 and set an “outperform” rating for the company in a report on Monday, August 10th. Citigroup decreased their target price on Linde from $600.00 to $580.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Weiss Ratings raised Linde from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Finally, Evercore reaffirmed an “outperform” rating and set a $525.00 target price on shares of Linde in a research note on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Linde currently has an average rating of “Buy” and an average price target of $544.60.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Linde Company Profile

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers in healthcare, manufacturing, chemicals, energy, food and beverage, electronics, and other industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide and specialty gases.

The company provides gases through on-site production facilities, pipelines, bulk deliveries and packaged cylinders. It also designs and builds industrial gas plants and offers technologies and services for applications such as hydrogen production, carbon capture, clean energy, semiconductor manufacturing, metal fabrication and medical care.

Linde traces its history to 1879, when German engineer Carl von Linde developed refrigeration and gas-related technologies.