Air Products and Chemicals (NYSE:APD) Shares Acquired Rep. Richard McCormick

Representative Richard McCormick (R-Georgia) recently bought shares of Air Products and Chemicals, Inc. (NYSE:APD). In a filing disclosed on December 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Air Products and Chemicals stock on November 5th.

Representative Richard McCormick also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Realty Income (NYSE:O) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 11/5/2025.

Air Products and Chemicals Stock Up 1.4%

Shares of Air Products and Chemicals stock traded up $3.23 during trading on Thursday, reaching $239.94. The company’s stock had a trading volume of 347,265 shares, compared to its average volume of 1,278,517. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $341.14. The company has a 50-day simple moving average of $255.57 and a two-hundred day simple moving average of $275.52. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. The company has a market cap of $53.41 billion, a price-to-earnings ratio of -134.69, a P/E/G ratio of 2.27 and a beta of 0.86.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. During the same period last year, the business posted $3.56 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be given a dividend of $1.79 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.0%. Air Products and Chemicals’s dividend payout ratio is presently -402.25%.

Wall Street Analyst Weigh In

Several analysts have weighed in on APD shares. JPMorgan Chase & Co. dropped their target price on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, November 7th. Mizuho set a $300.00 target price on Air Products and Chemicals in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Air Products and Chemicals in a research note on Thursday, December 4th. Citigroup reduced their price objective on Air Products and Chemicals from $325.00 to $308.00 and set a “buy” rating for the company in a research note on Monday, October 6th. Finally, Argus dropped their target price on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $306.67.

Institutional Trading of Air Products and Chemicals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APD. Financial Connections Group Inc. boosted its stake in shares of Air Products and Chemicals by 46.7% during the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 35 shares in the last quarter. Meadow Creek Wealth Advisors LLC lifted its position in shares of Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after buying an additional 35 shares in the last quarter. YANKCOM Partnership lifted its holdings in Air Products and Chemicals by 1.3% during the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after purchasing an additional 35 shares in the last quarter. Atlatl Advisers LLC boosted its holdings in Air Products and Chemicals by 2.5% in the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock worth $420,000 after buying an additional 37 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in Air Products and Chemicals by 7.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.