Air Products and Chemicals, Inc. $APD Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors decreased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 86.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,174 shares of the basic materials company’s stock after selling 7,508 shares during the period. Phoenix Wealth Advisors’ holdings in Air Products and Chemicals were worth $290,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in APD. Vanguard Group Inc. increased its stake in shares of Air Products and Chemicals by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock valued at $6,000,040,000 after acquiring an additional 260,904 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Air Products and Chemicals by 2.4% during the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock valued at $3,209,068,000 after acquiring an additional 272,197 shares during the last quarter. State Street Corp increased its stake in shares of Air Products and Chemicals by 1.1% during the 3rd quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock valued at $2,607,065,000 after acquiring an additional 106,578 shares during the last quarter. Dodge & Cox increased its stake in shares of Air Products and Chemicals by 2.1% during the 3rd quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after acquiring an additional 183,492 shares during the last quarter. Finally, Capital International Investors increased its stake in shares of Air Products and Chemicals by 7.4% during the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after acquiring an additional 609,489 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Analyst Upgrades and Downgrades

APD has been the subject of a number of research analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $280.00 to $310.00 in a research report on Friday, March 20th. Jefferies Financial Group increased their target price on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Mizuho dropped their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $282.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $300.88.

Air Products and Chemicals Stock Up 1.3%

NYSE APD opened at $296.18 on Thursday. The stock has a market cap of $65.95 billion, a PE ratio of -196.14, a P/E/G ratio of 2.88 and a beta of 0.80. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $301.11. The business has a 50 day moving average price of $283.01 and a two-hundred day moving average price of $265.77. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97.

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, topping analysts’ consensus estimates of $3.04 by $0.12. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.86 EPS. 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. As a group, sell-side analysts predict that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be issued a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -479.47%.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the company’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 value of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.88% of the stock is currently owned by corporate insiders.

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.