Air Products and Chemicals, Inc. $APD Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lowered its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 11.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 34,347 shares of the basic materials company’s stock after selling 4,640 shares during the quarter. Teacher Retirement System of Texas’ holdings in Air Products and Chemicals were worth $9,367,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Financial Connections Group Inc. boosted its holdings in Air Products and Chemicals by 46.7% in the second quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares in the last quarter. Meadow Creek Wealth Advisors LLC lifted its position in shares of Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after buying an additional 35 shares during the last quarter. YANKCOM Partnership lifted its position in shares of Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock worth $791,000 after buying an additional 35 shares during the last quarter. Atlatl Advisers LLC boosted its holdings in shares of Air Products and Chemicals by 2.5% in the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after buying an additional 37 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC grew its position in shares of Air Products and Chemicals by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the subject of several research analyst reports. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research note on Wednesday, October 1st. Mizuho reduced their target price on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Air Products and Chemicals in a research report on Monday, December 29th. Finally, Royal Bank Of Canada decreased their price objective on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $293.80.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $261.09 on Monday. The stock’s 50-day moving average price is $253.64 and its 200 day moving average price is $269.33. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $58.12 billion, a PE ratio of -146.68, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $341.14.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.01. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the firm earned $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be given a $1.79 dividend. This represents a $7.16 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is -402.25%.

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.