Linde (NASDAQ:LIN) Stock Sale Reported 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 Stock Performance

NASDAQ:LIN traded up $0.22 during trading hours on Tuesday, reaching $472.26. The stock had a trading volume of 332,839 shares, compared to its average volume of 2,326,433. Linde PLC has a 12-month low of $387.78 and a 12-month high of $548.20. 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 stock has a 50 day simple moving average of $482.57 and a 200 day simple moving average of $498.69. The stock has a market cap of $217.70 billion, a P/E ratio of 30.50, a price-to-earnings-growth ratio of 2.74 and a beta of 0.72.

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

Linde Dividend Announcement

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

Hedge Funds Weigh In On Linde

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LIN. Sanford C. Bernstein reissued an “outperform” rating and set a $563.00 price objective on shares of Linde in a report on Friday, September 11th. Argus lowered their price objective on shares of Linde from $563.00 to $538.00 and set a “buy” rating on the stock in a research report on Monday. Royal Bank Of Canada reduced their target price on Linde from $576.00 to $553.00 and set an “outperform” rating on the stock in a research note on Monday, August 3rd. UBS Group reaffirmed an “outperform” rating on shares of Linde in a research note on Friday, September 11th. Finally, The Goldman Sachs Group set a $580.00 target price on Linde in a research report on Monday, August 10th. Two investment 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 MarketBeat.com, Linde has an average rating of “Buy” and an average target price 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.

About Linde

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.