Air Products and Chemicals, Inc. $APD Shares Sold by FourThought Financial Partners LLC

FourThought Financial Partners LLC cut its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 9.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,080 shares of the basic materials company’s stock after selling 4,188 shares during the period. FourThought Financial Partners LLC’s holdings in Air Products and Chemicals were worth $9,407,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in APD. Rockland Trust Co. raised its position in Air Products and Chemicals by 8.2% in the fourth quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock valued at $14,058,000 after purchasing an additional 4,319 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Air Products and Chemicals by 5.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock valued at $121,909,000 after purchasing an additional 23,760 shares during the period. Barclays PLC raised its position in Air Products and Chemicals by 16.4% in the third quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock valued at $215,356,000 after purchasing an additional 111,317 shares during the period. Mather Group LLC. raised its position in Air Products and Chemicals by 11.5% in the fourth quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock valued at $14,197,000 after purchasing an additional 5,909 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in Air Products and Chemicals by 0.9% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company’s stock valued at $627,065,000 after purchasing an additional 21,479 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on APD. Sanford C. Bernstein reissued an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Mizuho set a $345.00 target price on Air Products and Chemicals in a research report on Friday, May 1st. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Wells Fargo & Company upped their price objective on Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $323.12.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by corporate insiders.

Air Products and Chemicals Stock Down 1.0%

Air Products and Chemicals stock opened at $288.95 on Thursday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.96. The stock’s fifty day simple moving average is $293.85 and its 200-day simple moving average is $272.88. 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 firm has a market capitalization of $64.34 billion, a P/E ratio of 30.58, a P/E/G ratio of 2.56 and a beta of 0.77.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 earnings per share. 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. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently announced 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. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.5%. Air Products and Chemicals’s payout ratio is presently 76.61%.

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.