Air Products and Chemicals, Inc. $APD Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc reduced its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,334 shares of the basic materials company’s stock after selling 2,017 shares during the period. Marks Group Wealth Management Inc’s holdings in Air Products and Chemicals were worth $7,493,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Holos Integrated Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the 4th quarter valued at approximately $25,000. Richardson Financial Services Inc. grew its stake in Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in Air Products and Chemicals during the 4th quarter worth $25,000. Caitlin John LLC bought a new position in Air Products and Chemicals during the 3rd quarter worth $30,000. Finally, Financial Life Planners bought a new position in Air Products and Chemicals during the 3rd quarter worth $30,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Down 2.1%

APD opened at $276.39 on Tuesday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The stock’s fifty day moving average is $293.58 and its 200-day moving average is $275.70. The company has a market capitalization of $61.55 billion, a PE ratio of 29.25, a P/E/G ratio of 2.48 and a beta of 0.74.

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

Air Products and Chemicals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is presently 76.61%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Mizuho set a $345.00 price target on Air Products and Chemicals in a research report on Friday, May 1st. Citigroup boosted their price target on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. JPMorgan Chase & Co. boosted 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. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $323.12.

Insider Activity

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

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.