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 September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Linde stock on August 10th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/27/2026.
• Purchased $1,001 – $15,000 in shares of MasTec (NYSE:MTZ) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 8/10/2026.
• Sold $1,001 – $15,000 in shares of Stryker (NYSE:SYK) on 7/22/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
• Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
• Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.

Linde Trading Down 0.3%

NASDAQ LIN opened at $462.96 on Wednesday. The stock has a market capitalization of $213.42 billion, a P/E ratio of 29.91, a P/E/G ratio of 2.71 and a beta of 0.72. The business has a 50 day simple moving average of $492.70 and a 200 day simple moving average of $500.59. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.75. Linde PLC has a one year low of $387.78 and a one year high of $548.20.

Linde (NASDAQ:LIN) last released its quarterly earnings data on Friday, July 31st. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.49 by $0.01. The company had revenue of $9.29 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Linde had a net margin of 20.43% and a return on equity of 20.09%. The business’s revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Research analysts expect that Linde PLC will post 17.86 earnings per share for the current year.

Linde Announces Dividend

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

Wall Street Analysts Forecast Growth

LIN has been the subject of a number of analyst reports. Royal Bank Of Canada cut their price target on Linde from $576.00 to $553.00 and set an “outperform” rating for the company in a research note 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. Evercore restated an “outperform” rating and issued a $525.00 target price on shares of Linde in a report on Friday, July 10th. BMO Capital Markets cut their target price on Linde from $560.00 to $546.00 and set an “outperform” rating on the stock in a research report on Monday, August 10th. Finally, KeyCorp started coverage on Linde in a research report on Thursday, September 10th. They issued an “overweight” rating and a $542.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $545.07.

Hedge Funds Weigh In On Linde

Several hedge funds have recently modified their holdings of the company. Marathon Wealth Advisors LLC increased its position in shares of Linde by 0.9% during the second 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 during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Linde by 76.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,259 shares of the basic materials company’s stock valued at $1,691,000 after acquiring an additional 1,416 shares during the period. Planning Project LLC acquired a new position in shares of Linde in the 2nd quarter worth approximately $6,711,000. Principia Wealth Advisory LLC lifted its holdings in shares of Linde by 74.2% in the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 23 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in shares of Linde by 0.9% during the 2nd quarter. Rehmann Capital Advisory Group now owns 3,577 shares of the basic materials company’s stock worth $1,855,000 after purchasing an additional 33 shares during the period. 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.

About Linde

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company that supplies gases, related equipment and process technologies to customers across a range of industries. Its products include oxygen, nitrogen, argon, hydrogen, helium, carbon dioxide, specialty gases and medical gases.

The company serves customers in sectors including healthcare, manufacturing, food and beverage, electronics, chemicals, energy and metals. Linde also designs and builds industrial gas plants and provides engineering, project management and process technology services for industrial and energy applications.

Linde traces its history to 1879 and was formed in its current structure through the 2018 merger of Linde AG and Praxair, Inc The company operates internationally, serving customers in numerous countries across the Americas, Europe, Asia and other regions.