Air Products and Chemicals, Inc. $APD Shares Sold by Harrington Investments INC

Harrington Investments INC lowered its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 45.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,606 shares of the basic materials company’s stock after selling 3,057 shares during the quarter. Harrington Investments INC’s holdings in Air Products and Chemicals were worth $891,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Holos Integrated Wealth LLC acquired a new position in Air Products and Chemicals during the fourth quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Air Products and Chemicals in the second quarter valued at approximately $28,000. Abound Wealth Management grew its position in shares of Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares during the last quarter. Caitlin John LLC purchased a new position in shares of Air Products and Chemicals during the third quarter worth approximately $30,000. Finally, Financial Life Planners acquired a new position in shares of Air Products and Chemicals in the 3rd quarter valued at $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Activity at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by company insiders.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $290.17 on Thursday. The company has a market cap of $64.61 billion, a P/E ratio of -192.17, a price-to-earnings-growth ratio of 2.81 and a beta of 0.88. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $301.11. The business has a fifty day moving average of $276.95 and a two-hundred day moving average of $265.58. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the prior year, the company posted $2.86 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is -474.17%.

Wall Street Analysts Forecast Growth

APD has been the subject of a number of recent research reports. Mizuho decreased their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Thursday, December 18th. Wolfe Research reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. UBS Group increased their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Finally, Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $300.88.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.