TMB Capital Partners LLC Invests $1.18 Million in Air Products and Chemicals, Inc. $APD

TMB Capital Partners LLC acquired a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,791 shares of the basic materials company’s stock, valued at approximately $1,183,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Evansbrook LLC acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth about $425,000. Harbour Wealth Management Group Inc. bought a new position in Air Products and Chemicals during the 4th quarter worth approximately $507,000. Axxcess Wealth Management LLC boosted its stake in Air Products and Chemicals by 101.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 2,533 shares of the basic materials company’s stock worth $626,000 after acquiring an additional 1,275 shares during the last quarter. CrossGen Wealth LLC acquired a new position in Air Products and Chemicals during the fourth quarter valued at approximately $2,004,000. Finally, Widmann Financial Services Inc. increased its stake in Air Products and Chemicals by 2.6% in the fourth quarter. Widmann Financial Services Inc. now owns 3,115 shares of the basic materials company’s stock valued at $769,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Insider Activity

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 sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.88% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Mizuho set a $345.00 target price on shares of Air Products and Chemicals in a report on Friday, May 1st. Citigroup upped their price objective on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Finally, Morgan Stanley increased their price target on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $323.12.

Air Products and Chemicals Stock Performance

Shares of APD opened at $280.05 on Friday. The firm has a market cap of $62.36 billion, a P/E ratio of 29.63, a PEG ratio of 2.47 and a beta of 0.74. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month 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 firm’s 50 day moving average price is $291.71 and its two-hundred day moving average price is $277.02.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the firm earned $2.69 earnings per share. The firm’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. On average, analysts forecast that Air Products and Chemicals, Inc. will post 13.23 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company 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 dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is 76.61%.

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.