Rep. Lisa C. McClain Buys Linde PLC (NASDAQ:LIN) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of Linde PLC (NASDAQ:LIN). In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Linde stock on June 24th. 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 Trading Down 0.3%

Shares of LIN opened at $478.51 on Tuesday. The stock has a fifty day moving average of $468.41 and a two-hundred day moving average of $460.47. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.78 and a current ratio of 0.93. The company has a market capitalization of $224.38 billion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 3.17 and a beta of 0.92. Linde PLC has a fifty-two week low of $408.65 and a fifty-two week high of $487.49.

Linde (NASDAQ:LIN) last issued its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 earnings per share for the quarter, beating the consensus estimate of $4.03 by $0.06. The company had revenue of $8.50 billion during the quarter, compared to the consensus estimate of $8.35 billion. Linde had a return on equity of 19.09% and a net margin of 20.20%. Linde’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $3.85 EPS. As a group, analysts forecast that Linde PLC will post 16.54 EPS for the current year.

Linde Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, September 4th will be issued a $1.50 dividend. The ex-dividend date is Thursday, September 4th. This represents a $6.00 annualized dividend and a yield of 1.3%. Linde’s payout ratio is 42.67%.

Insider Transactions at Linde

In other Linde news, Director Stephen F. Angel sold 50,309 shares of the company’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $473.38, for a total value of $23,815,274.42. Following the completion of the transaction, the director directly owned 480,543 shares of the company’s stock, valued at $227,479,445.34. This represents a 9.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Sean Durbin sold 7,261 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total transaction of $3,314,065.62. Following the completion of the transaction, the vice president directly owned 8,151 shares of the company’s stock, valued at approximately $3,720,279.42. The trade was a 47.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LIN shares. Royal Bank Of Canada started coverage on Linde in a report on Friday, June 13th. They set an “outperform” rating and a $576.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on Linde from $470.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. UBS Group upped their price objective on Linde from $485.00 to $504.00 and gave the stock a “neutral” rating in a report on Wednesday, July 9th. Finally, Citigroup upgraded Linde from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $500.00 to $535.00 in a report on Monday, June 30th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $519.63.

Institutional Trading of Linde

A number of institutional investors have recently added to or reduced their stakes in LIN. Norges Bank purchased a new stake in Linde during the 2nd quarter worth $3,098,772,000. Freemont Capital Pte Ltd purchased a new position in Linde in the 4th quarter valued at about $2,128,233,000. Nuveen LLC purchased a new position in Linde in the 1st quarter valued at about $2,097,793,000. GAMMA Investing LLC boosted its position in Linde by 58,312.0% in the 1st quarter. GAMMA Investing LLC now owns 3,415,935 shares of the basic materials company’s stock valued at $1,590,596,000 after buying an additional 3,410,087 shares during the last quarter. Finally, Capital World Investors boosted its position in Linde by 34.4% in the 4th quarter. Capital World Investors now owns 11,547,765 shares of the basic materials company’s stock valued at $4,834,631,000 after buying an additional 2,957,604 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

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.

Linde Company Profile

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.