Banque Transatlantique SA Sells 9,845 Shares of Air Products and Chemicals, Inc. $APD

Banque Transatlantique SA reduced its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 65.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,204 shares of the basic materials company’s stock after selling 9,845 shares during the quarter. Banque Transatlantique SA’s holdings in Air Products and Chemicals were worth $1,476,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. West Oak Capital LLC grew its position in shares of Air Products and Chemicals by 12.2% during the 2nd quarter. West Oak Capital LLC now owns 10,815 shares of the basic materials company’s stock worth $3,050,000 after buying an additional 1,180 shares during the period. Farmers & Merchants Investments Inc. boosted its stake in Air Products and Chemicals by 1.8% in the second quarter. Farmers & Merchants Investments Inc. now owns 74,225 shares of the basic materials company’s stock valued at $20,936,000 after acquiring an additional 1,300 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in Air Products and Chemicals by 110.4% during the 2nd quarter. Revisor Wealth Management LLC now owns 3,265 shares of the basic materials company’s stock worth $966,000 after acquiring an additional 1,713 shares during the period. Chapin Davis Inc. raised its position in shares of Air Products and Chemicals by 16.1% during the 2nd quarter. Chapin Davis Inc. now owns 11,157 shares of the basic materials company’s stock valued at $3,147,000 after acquiring an additional 1,551 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Air Products and Chemicals by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock valued at $16,258,000 after purchasing an additional 5,430 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $243.00 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.38. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $341.14. The company’s 50 day moving average price is $254.47 and its two-hundred day moving average price is $275.11. The company has a market capitalization of $54.09 billion, a P/E ratio of -136.52, a price-to-earnings-growth ratio of 2.40 and a beta of 0.86.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a negative net margin of 3.28% and a positive return on equity of 15.18%. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the firm earned $3.56 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be paid a $1.79 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 annualized dividend and a dividend yield of 2.9%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -402.25%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Mizuho set a $300.00 price objective on Air Products and Chemicals in a research note on Friday, November 7th. Royal Bank Of Canada decreased their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. JPMorgan Chase & Co. lowered their price target on Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Wolfe Research reissued an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday. Finally, Argus lowered their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus price target of $302.67.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.