Dimensional Fund Advisors LP Acquires 44,635 Shares of Air Products and Chemicals, Inc. $APD

Dimensional Fund Advisors LP boosted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.0% during the third quarter, Holdings Channel.com reports. The fund owned 1,538,589 shares of the basic materials company’s stock after acquiring an additional 44,635 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Air Products and Chemicals were worth $419,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Traub Capital Management LLC bought a new position in shares of Air Products and Chemicals during the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Air Products and Chemicals in the 2nd quarter valued at about $28,000. Abound Wealth Management lifted its stake in shares of Air Products and Chemicals by 292.3% in the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares during the last quarter. Westside Investment Management Inc. boosted its stake in Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after buying an additional 73 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of Air Products and Chemicals during the 3rd quarter worth about $30,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.88% of the stock is owned by insiders.

Air Products and Chemicals Stock Up 0.4%

APD opened at $274.19 on Thursday. The company has a market cap of $61.05 billion, a PE ratio of -181.58, a price-to-earnings-growth ratio of 2.68 and a beta of 0.88. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $318.66. The company has a 50-day moving average price of $268.97 and a 200 day moving average price of $266.70. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.Air Products and Chemicals’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.86 EPS. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is presently -474.17%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on APD. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 target price on the stock in a research note on Thursday, January 8th. Jefferies Financial Group lifted their price target on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft set a $255.00 price target on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. Finally, Evercore reduced their price objective on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $295.88.

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.