Wealthfront Advisers LLC Has $5.54 Million Stock Holdings in Air Products and Chemicals, Inc. $APD

Wealthfront Advisers LLC boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 18.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,074 shares of the basic materials company’s stock after acquiring an additional 2,968 shares during the quarter. Wealthfront Advisers LLC’s holdings in Air Products and Chemicals were worth $5,541,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Holos Integrated Wealth LLC acquired a new stake in Air Products and Chemicals in the fourth quarter valued at $25,000. Richardson Financial Services Inc. raised its position in shares of Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Air Products and Chemicals during the fourth quarter worth about $25,000. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals in the first quarter valued at approximately $25,000. Finally, Meeder Asset Management Inc. acquired a new stake in Air Products and Chemicals during the 4th quarter valued at approximately $25,000. Institutional investors own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Down 0.7%

Shares of NYSE APD opened at $295.31 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The firm has a market cap of $65.76 billion, a PE ratio of 31.25, a P/E/G ratio of 2.68 and a beta of 0.73. The company’s fifty day simple moving average is $289.80 and its 200 day simple moving average is $283.76. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87.

Air Products and Chemicals (NYSE:APD) last posted 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 net margin of 16.91% and a return on equity of 16.11%. The firm 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 earnings per share. The business’s 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. As a group, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Evercore restated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, May 4th. BMO Capital Markets raised shares of 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. Wells Fargo & Company increased their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Sanford C. Bernstein boosted their price objective on Air Products and Chemicals from $344.00 to $345.00 and gave the company an “outperform” rating in a research note on Friday. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $326.88.

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.