Representative George Whitesides (D-California) recently sold shares of Linde plc NASDAQ: LIN. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $100,001 and $250,000 in Linde stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.
Representative George Whitesides also recently made the following trade(s):
- Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
- Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
- Sold $50,001 - $100,000 in shares of Union Pacific NYSE: UNP on 3/24/2025.
- Sold $100,001 - $250,000 in shares of Procter & Gamble NYSE: PG on 3/24/2025.
- Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
- Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
- Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
- Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
- Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.
Linde Stock Performance
LIN stock traded up $2.58 during trading on Tuesday, hitting $450.58. 1,213,990 shares of the company traded hands, compared to its average volume of 1,946,496. Linde plc has a 1 year low of $408.65 and a 1 year high of $487.49. The company has a market cap of $213.08 billion, a PE ratio of 33.11, a P/E/G ratio of 3.08 and a beta of 0.94. The stock's 50-day simple moving average is $454.08 and its 200 day simple moving average is $450.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.76.
Linde (NASDAQ:LIN - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The basic materials company reported $3.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.93 by $0.04. Linde had a net margin of 19.89% and a return on equity of 18.71%. On average, equities analysts expect that Linde plc will post 16.54 earnings per share for the current fiscal year.
Linde Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, June 4th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Wednesday, June 4th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.33%. Linde's payout ratio is 44.09%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of LIN. Callan Capital LLC boosted its stake in Linde by 27.9% during the first quarter. Callan Capital LLC now owns 1,541 shares of the basic materials company's stock worth $718,000 after buying an additional 336 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in Linde by 5.2% in the 1st quarter. TD Private Client Wealth LLC now owns 14,504 shares of the basic materials company's stock valued at $6,754,000 after purchasing an additional 713 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Linde by 17.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 873,884 shares of the basic materials company's stock worth $406,915,000 after buying an additional 129,173 shares during the last quarter. Hexagon Capital Partners LLC lifted its holdings in Linde by 57.8% in the first quarter. Hexagon Capital Partners LLC now owns 352 shares of the basic materials company's stock valued at $164,000 after acquiring an additional 129 shares during the last quarter. Finally, Penserra Capital Management LLC grew its position in Linde by 18.4% in the first quarter. Penserra Capital Management LLC now owns 3,673 shares of the basic materials company's stock worth $1,709,000 after acquiring an additional 572 shares during the period. 82.80% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Argus raised Linde to a "strong-buy" rating in a report on Tuesday, April 8th. Sanford C. Bernstein raised shares of Linde to a "strong-buy" rating in a report on Thursday, April 3rd. Finally, TD Cowen raised shares of Linde from a "hold" rating to a "buy" rating and boosted their target price for the stock from $480.00 to $515.00 in a research note on Monday, January 13th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $498.00.
Get Our Latest Stock Report on Linde
Insider Buying and Selling at Linde
In other news, VP Juergen Nowicki sold 6,782 shares of Linde stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $459.62, for a total value of $3,117,142.84. Following the completion of the sale, the vice president now directly owns 14,765 shares of the company's stock, valued at approximately $6,786,289.30. The trade was a 31.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP David P. Strauss sold 2,477 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $469.74, for a total value of $1,163,545.98. Following the transaction, the vice president now owns 1,300 shares of the company's stock, valued at $610,662. This trade represents a 65.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,159 shares of company stock worth $5,603,843 over the last quarter. 0.60% of the stock is currently owned by company insiders.
About Representative Whitesides
George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024.
George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.
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.
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