Linde (NASDAQ:LIN) Stock Sale Disclosed 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 August 31st. 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 Trading Up 0.0%

Shares of NASDAQ LIN traded up $0.22 during mid-day trading on Tuesday, reaching $472.26. 332,839 shares of the company’s stock were exchanged, compared to its average volume of 2,326,433. The company’s 50-day moving average is $482.57 and its 200-day moving average is $498.69. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.75 and a current ratio of 0.88. The firm has a market capitalization of $217.70 billion, a price-to-earnings ratio of 30.50, a PEG ratio of 2.74 and a beta of 0.72. Linde PLC has a 52-week low of $387.78 and a 52-week high of $548.20.

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

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 3rd. Linde’s dividend payout ratio is 41.34%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LIN. Evercore restated an “outperform” rating and set a $525.00 price target on shares of Linde in a research report on Friday, July 10th. KeyCorp started coverage on shares of Linde in a research report on Thursday, September 10th. They set an “overweight” rating and a $542.00 price target on the stock. The Goldman Sachs Group set a $580.00 price objective on shares of Linde in a report on Monday, August 10th. UBS Group reissued an “outperform” rating on shares of Linde in a research report on Friday, September 11th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Linde presently has a consensus rating of “Buy” and a consensus price target of $544.60.

Institutional Trading of Linde

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp raised its holdings in Linde by 3.7% during the second quarter. State Street Corp now owns 20,344,181 shares of the basic materials company’s stock worth $10,558,016,000 after purchasing an additional 719,052 shares during the last quarter. Wellington Altus USA Inc. grew its stake in Linde by 196.8% in the 2nd quarter. Wellington Altus USA Inc. now owns 92 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 61 shares during the last quarter. Marathon Wealth Advisors LLC increased its holdings in Linde by 0.9% during the 2nd quarter. Marathon Wealth Advisors LLC now owns 4,843 shares of the basic materials company’s stock valued at $2,513,000 after acquiring an additional 43 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Linde by 76.8% in the second quarter. Parkside Financial Bank & Trust now owns 3,259 shares of the basic materials company’s stock valued at $1,691,000 after purchasing an additional 1,416 shares in the last quarter. Finally, Planning Project LLC acquired a new position in shares of Linde during the 2nd quarter worth approximately $6,711,000. Institutional investors and hedge funds own 82.80% of the company’s stock.

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.