Nvest Financial LLC Invests $465,000 in Air Products and Chemicals, Inc. $APD

Nvest Financial LLC purchased a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,600 shares of the basic materials company’s stock, valued at approximately $465,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kathmere Capital Management LLC boosted its position in shares of Air Products and Chemicals by 77.5% in the 1st quarter. Kathmere Capital Management LLC now owns 2,524 shares of the basic materials company’s stock worth $733,000 after buying an additional 1,102 shares in the last quarter. Appleton Partners Inc. MA raised its position in Air Products and Chemicals by 18.0% during the first quarter. Appleton Partners Inc. MA now owns 10,486 shares of the basic materials company’s stock worth $3,046,000 after acquiring an additional 1,600 shares during the last quarter. Abel Hall LLC acquired a new position in Air Products and Chemicals during the first quarter worth about $209,000. Ascentis Independent Advisors lifted its holdings in shares of Air Products and Chemicals by 63.4% in the first quarter. Ascentis Independent Advisors now owns 1,858 shares of the basic materials company’s stock valued at $540,000 after purchasing an additional 721 shares in the last quarter. Finally, Stephens Inc. AR grew its position in shares of Air Products and Chemicals by 2.3% in the first quarter. Stephens Inc. AR now owns 24,205 shares of the basic materials company’s stock valued at $7,060,000 after purchasing an additional 535 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction dated 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 owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Down 0.2%

Shares of NYSE APD opened at $313.55 on Monday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $314.28. The firm’s 50 day moving average price is $290.10 and its 200 day moving average price is $280.16. The firm has a market cap of $69.82 billion, a P/E ratio of 33.18, a price-to-earnings-growth ratio of 2.85 and a beta of 0.73. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the firm posted $2.69 EPS. Air Products and Chemicals’s revenue was up 8.8% on a year-over-year basis. 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, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be given a dividend of $1.81 per share. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.3%. Air Products and Chemicals’s dividend payout ratio is 76.61%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Sanford C. Bernstein restated an “outperform” rating and set a $344.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday. 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. 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 report on Monday, April 13th. Morgan Stanley upped their price objective on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company increased their price objective on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. One 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $324.82.

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.