Rep. Jefferson Shreve Sells Off Shares of Linde PLC (NASDAQ:LIN)

Posted by Defense World Staff on Aug 2nd, 2025

Representative Jefferson Shreve (R-Indiana) recently sold shares of Linde PLC (NASDAQ:LIN). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Linde stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

Linde Price Performance

NASDAQ:LIN opened at $459.41 on Friday. Linde PLC has a one year low of $408.65 and a one year high of $487.49. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 0.94. The stock has a market cap of $216.25 billion, a PE ratio of 33.36, a P/E/G ratio of 3.25 and a beta of 0.92. The stock has a 50 day moving average price of $467.15 and a 200 day moving average price of $457.55.

Linde (NASDAQ:LIN – Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The basic materials company reported $4.09 EPS for the quarter, beating the consensus estimate of $4.03 by $0.06. Linde had a return on equity of 18.95% and a net margin of 20.02%. The firm had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.35 billion. During the same quarter last year, the firm earned $3.85 earnings per share. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities research analysts expect that Linde PLC will post 16.54 EPS for the current fiscal year.

Linde Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, September 4th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, September 4th. Linde’s dividend payout ratio (DPR) is currently 43.57%.

Institutional Trading of Linde

A number of institutional investors have recently bought and sold shares of the business. Wrapmanager Inc. lifted its holdings in Linde by 1.3% during the 4th quarter. Wrapmanager Inc. now owns 1,693 shares of the basic materials company’s stock worth $709,000 after buying an additional 22 shares during the last quarter. Knuff & Co LLC lifted its holdings in Linde by 8.8% during the 4th quarter. Knuff & Co LLC now owns 272 shares of the basic materials company’s stock worth $114,000 after buying an additional 22 shares during the last quarter. New Age Alpha Advisors LLC lifted its holdings in Linde by 34.9% during the 4th quarter. New Age Alpha Advisors LLC now owns 85 shares of the basic materials company’s stock worth $36,000 after buying an additional 22 shares during the last quarter. Breakwater Capital Group lifted its holdings in shares of Linde by 2.3% in the 2nd quarter. Breakwater Capital Group now owns 980 shares of the basic materials company’s stock valued at $460,000 after purchasing an additional 22 shares during the last quarter. Finally, Canopy Partners LLC lifted its holdings in shares of Linde by 2.9% in the 2nd quarter. Canopy Partners LLC now owns 788 shares of the basic materials company’s stock valued at $370,000 after purchasing an additional 22 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP David P. Strauss sold 1,987 shares of the business’s stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $457.04, for a total value of $908,138.48. Following the completion of the sale, the vice president directly owned 22,639 shares of the company’s stock, valued at approximately $10,346,928.56. The trade was a 8.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Sean Durbin sold 7,261 shares of the business’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $456.42, for a total value of $3,314,065.62. Following the completion of the sale, the vice president directly owned 8,151 shares of the company’s stock, valued at $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. 0.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

LIN has been the subject of several recent analyst reports. Citigroup raised Linde from a “neutral” rating to a “buy” rating and raised their target price for the stock from $500.00 to $535.00 in a research note on Monday, June 30th. Royal Bank Of Canada initiated coverage on Linde in a research note on Friday, June 13th. They set an “outperform” rating and a $576.00 target price for the company. UBS Group raised their target price on Linde from $485.00 to $504.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 9th. Finally, Argus raised Linde to a “strong-buy” rating in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $518.80.

Read Our Latest Stock Report on Linde

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Linde Company Profile

(Get Free Report)

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.