MV Capital Management Inc. Makes New Investment in Air Products and Chemicals, Inc. $APD

MV Capital Management Inc. bought a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,265 shares of the basic materials company’s stock, valued at approximately $2,289,000.

A number of other large investors have also recently made changes to their positions in APD. Cambient Family Office LLC bought a new stake in Air Products and Chemicals during the 4th quarter valued at about $4,859,000. Mcguire Capital Advisors Inc. purchased a new stake in Air Products and Chemicals in the 4th quarter valued at about $25,000. Van Diest Capital LLC bought a new position in Air Products and Chemicals in the 4th quarter worth about $305,000. Compound Planning Inc. increased its position in shares of Air Products and Chemicals by 111.1% during the fourth quarter. Compound Planning Inc. now owns 5,571 shares of the basic materials company’s stock worth $1,376,000 after acquiring an additional 2,932 shares during the period. Finally, TMB Capital Partners LLC purchased a new position in shares of Air Products and Chemicals during the fourth quarter worth approximately $1,183,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on APD. Wells Fargo & Company boosted their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Bank of America raised their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. UBS Group lifted their target price on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. 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, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, May 4th. One 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $323.12.

Air Products and Chemicals Price Performance

Shares of APD opened at $280.05 on Friday. 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 company has a 50 day moving average price of $291.71 and a 200-day moving average price of $277.02. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $307.96. The stock has a market capitalization of $62.36 billion, a PE ratio of 29.63, a PEG ratio of 2.47 and a beta of 0.74.

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, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue was up 8.8% compared to the same quarter last year. During the same period last year, the company posted $2.69 earnings per share. 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. Equities analysts predict that Air Products and Chemicals, Inc. will post 13.23 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.

Insider Activity at Air Products and Chemicals

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.88% of the company’s stock.

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.