Air Products and Chemicals, Inc. $APD Stake Increased by IFM Investors Pty Ltd

IFM Investors Pty Ltd lifted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 37.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 47,314 shares of the basic materials company’s stock after acquiring an additional 12,799 shares during the quarter. IFM Investors Pty Ltd’s holdings in Air Products and Chemicals were worth $13,744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. First Pacific Financial lifted its position in shares of Air Products and Chemicals by 2.9% in the first quarter. First Pacific Financial now owns 3,024 shares of the basic materials company’s stock worth $878,000 after purchasing an additional 86 shares in the last quarter. Impact Partnership Wealth LLC purchased a new position in Air Products and Chemicals during the first quarter valued at approximately $279,000. Exeter Financial LLC grew its position in Air Products and Chemicals by 30.5% during the first quarter. Exeter Financial LLC now owns 8,557 shares of the basic materials company’s stock valued at $2,486,000 after purchasing an additional 1,999 shares in the last quarter. Caliber Wealth Management LLC KS increased its stake in Air Products and Chemicals by 1.1% in the 1st quarter. Caliber Wealth Management LLC KS now owns 13,532 shares of the basic materials company’s stock valued at $3,931,000 after buying an additional 142 shares during the period. Finally, Brown Miller Wealth Management LLC lifted its position in Air Products and Chemicals by 13.1% in the 1st quarter. Brown Miller Wealth Management LLC now owns 1,283 shares of the basic materials company’s stock worth $370,000 after buying an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Activity

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.88% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, May 4th. UBS Group lifted their price objective on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Finally, Bank of America upped their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $324.82.

Air Products and Chemicals Stock Up 4.4%

Air Products and Chemicals stock opened at $306.22 on Thursday. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.96. The firm’s fifty day simple moving average is $289.39 and its 200-day simple moving average is $279.18. The company has a market capitalization of $68.19 billion, a P/E ratio of 32.40, a P/E/G ratio of 2.57 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the company posted $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. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.23 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders 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 dividend yield of 2.4%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is 76.61%.

More Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Air Products is exiting the LCEC project, which investors may view as a move to cut risk and refocus capital on more viable opportunities. Article: Air Products Will Not Proceed with Louisiana Clean Energy (LCEC) Project; Company Will Record Pre-Tax Charge in Fiscal Third Quarter; Finalizing Agreement with Yara for Renewable Ammonia from NEOM Green Hydrogen Project in Saudi Arabia
• Positive Sentiment: The company’s finalizing of the Yara renewable ammonia deal suggests its NEOM project remains a meaningful growth driver and could support future revenue opportunities. Article: APD Exits LCEC Project, Finalizes NEOM Green Hydrogen Deal With Yara
• Neutral Sentiment: Analysts are highlighting Air Products as a dividend aristocrat with ongoing growth initiatives, which reinforces the company’s defensive appeal but is not an immediate catalyst. Article: Air Products and Chemicals, Inc. (APD) A Top Dividend Aristocrat Stock to Buy Amid Robust Growth Initiatives
• Negative Sentiment: The planned pre-tax charge of up to $2.9 billion could weigh on reported earnings in the near term and underscores the cost of exiting the project. Article: Air Products to exit Louisiana clean energy project; flags $2.9 billion hit

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.