WealthPlan Investment Management LLC Sells 17,938 Shares of Air Products and Chemicals, Inc. $APD

WealthPlan Investment Management LLC trimmed its position in Air Products and Chemicals, Inc. (NYSE:APD) by 57.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 13,529 shares of the basic materials company’s stock after selling 17,938 shares during the period. WealthPlan Investment Management LLC’s holdings in Air Products and Chemicals were worth $3,342,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of APD. Holos Integrated Wealth LLC bought a new position in Air Products and Chemicals in the 4th quarter valued at $25,000. Richardson Financial Services Inc. boosted its position in shares of Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Caitlin John LLC bought a new position in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. Financial Life Planners bought a new position in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. Finally, Cloud Capital Management LLC bought a new position in shares of Air Products and Chemicals in the 3rd quarter worth $34,000. 81.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on APD shares. Jefferies Financial Group raised their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research report on Friday, May 1st. UBS Group raised their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. raised their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $323.12.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $295.14 on Friday. The company has a market capitalization of $65.72 billion, a PE ratio of 31.23, a PEG ratio of 2.59 and a beta of 0.77. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $307.96. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The stock’s fifty day simple moving average is $292.82 and its 200 day simple moving average is $271.87.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. On average, research analysts predict that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.61%.

Air Products and Chemicals Company 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.