Air Products and Chemicals, Inc. $APD Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 56.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 149,797 shares of the basic materials company’s stock after purchasing an additional 53,986 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Air Products and Chemicals were worth $37,003,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC grew its position in Air Products and Chemicals by 2.2% during the fourth quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after buying an additional 35 shares during the period. StoneX Group Inc. increased its position in Air Products and Chemicals by 1.3% during the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock worth $688,000 after purchasing an additional 36 shares during the last quarter. CYBER HORNET ETFs LLC increased its position in Air Products and Chemicals by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after purchasing an additional 37 shares during the last quarter. Dakota Community Bank & Trust NA increased its position in Air Products and Chemicals by 5.3% during the fourth quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company’s stock worth $187,000 after purchasing an additional 38 shares during the last quarter. Finally, Journey Strategic Wealth LLC increased its position in Air Products and Chemicals by 3.7% during the third quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company’s stock worth $296,000 after purchasing an additional 39 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were 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 of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

APD opened at $282.94 on Tuesday. The company has a fifty day simple moving average of $292.47 and a 200 day simple moving average of $276.58. The firm has a market cap of $63.01 billion, a price-to-earnings ratio of 29.94, 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 current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion during 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%. The business’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business earned $2.69 EPS. 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 research analysts expect that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors 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 of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.61%.

Wall Street Analyst Weigh In

APD has been the subject of several research analyst reports. UBS Group upped their price target on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Morgan Stanley upped their price target on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed 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. Bank of America upped their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.