3,567 Shares in Air Products and Chemicals, Inc. $APD Acquired by First National Bank of Omaha

First National Bank of Omaha purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,567 shares of the basic materials company’s stock, valued at approximately $973,000.

A number of other hedge funds have also recently 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 valued at about $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Air Products and Chemicals during the 2nd quarter valued at about $28,000. Abound Wealth Management grew its position in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares during the last quarter. Westside Investment Management Inc. increased its stake in Air Products and Chemicals by 228.1% in the 2nd quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 73 shares during the period. Finally, Cloud Capital Management LLC bought a new stake in Air Products and Chemicals in the third quarter valued at approximately $34,000. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. UBS Group raised their price target on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Citigroup boosted their price objective on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. Finally, Evercore reduced their price target on Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $295.88.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

APD stock opened at $281.96 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $321.47. The firm has a 50-day moving average of $262.16 and a 200 day moving average of $267.51. The company has a market cap of $62.78 billion, a P/E ratio of -186.73, a PEG ratio of 2.72 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the company posted $2.86 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. 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. On average, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current 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 positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s payout ratio is -474.17%.

About Air Products and Chemicals

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.