38,018 Shares in Air Products and Chemicals, Inc. $APD Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the fourth quarter, Holdings Channel reports. The firm purchased 38,018 shares of the basic materials company’s stock, valued at approximately $9,391,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Handelsbanken Fonder AB boosted its position in Air Products and Chemicals by 6.0% during the fourth quarter. Handelsbanken Fonder AB now owns 89,517 shares of the basic materials company’s stock worth $22,112,000 after acquiring an additional 5,061 shares during the last quarter. ProShare Advisors LLC raised its stake in Air Products and Chemicals by 10.9% during the fourth quarter. ProShare Advisors LLC now owns 670,374 shares of the basic materials company’s stock worth $165,596,000 after purchasing an additional 65,999 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Air Products and Chemicals by 5.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,631 shares of the basic materials company’s stock worth $1,391,000 after purchasing an additional 298 shares during the period. Ironwood Investment Counsel LLC raised its stake in Air Products and Chemicals by 3.6% during the fourth quarter. Ironwood Investment Counsel LLC now owns 6,416 shares of the basic materials company’s stock worth $1,585,000 after purchasing an additional 224 shares during the period. Finally, Spectrum Strategic Capital Management LLC purchased a new position in Air Products and Chemicals during the fourth quarter worth about $495,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Air Products and Chemicals

In other 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 sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This 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. Corporate insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Down 0.6%

Air Products and Chemicals stock opened at $291.65 on Wednesday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.96. The stock’s fifty day simple moving average is $293.56 and its 200-day simple moving average is $272.57. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $64.94 billion, a P/E ratio of 30.86, a P/E/G ratio of 2.58 and a beta of 0.77.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping 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 business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the company earned $2.69 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. 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, equities analysts expect 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.5%. Air Products and Chemicals’s dividend payout ratio is currently 76.61%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on APD shares. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Bank of America lifted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Citigroup lifted their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus target price of $323.12.

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.