Air Products and Chemicals, Inc. $APD Shares Bought by Morningstar Investment Management LLC

Morningstar Investment Management LLC raised its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,124 shares of the basic materials company’s stock after purchasing an additional 1,882 shares during the quarter. Morningstar Investment Management LLC’s holdings in Air Products and Chemicals were worth $3,983,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Hantz Financial Services Inc. increased its stake in Air Products and Chemicals by 95.8% in the fourth quarter. Hantz Financial Services Inc. now owns 23,588 shares of the basic materials company’s stock valued at $5,827,000 after purchasing an additional 11,543 shares during the period. Wealthquest Corp acquired a new position in Air Products and Chemicals in the fourth quarter valued at $829,000. Swedbank AB lifted its holdings in shares of Air Products and Chemicals by 0.6% during the fourth quarter. Swedbank AB now owns 72,272 shares of the basic materials company’s stock worth $17,853,000 after purchasing an additional 403 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Air Products and Chemicals in the 4th quarter valued at $25,000. Finally, Markel Group Inc. grew its position in Air Products and Chemicals by 10.0% in the 4th quarter. Markel Group Inc. now owns 71,500 shares of the basic materials company’s stock valued at $17,662,000 after buying an additional 6,500 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $289.13 on Monday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The business has a fifty day moving average of $294.38 and a two-hundred day moving average of $273.56. The company has a market cap of $64.38 billion, a P/E ratio of 30.60, a price-to-earnings-growth ratio of 2.54 and a beta of 0.77.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates 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 quarter last year, the company earned $2.69 earnings per share. Air Products and Chemicals’s quarterly 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, analysts predict that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently announced 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 of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Jefferies Financial Group lifted their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, May 4th. Finally, BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $323.12.

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.