Diversified Trust Co. Acquires 4,458 Shares of Air Products and Chemicals, Inc. $APD

Diversified Trust Co. raised its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 230.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,395 shares of the basic materials company’s stock after acquiring an additional 4,458 shares during the quarter. Diversified Trust Co.’s holdings in Air Products and Chemicals were worth $1,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Cary Street Partners Financial LLC grew its stake in Air Products and Chemicals by 2.2% in the 4th 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 in the last quarter. StoneX Group Inc. raised its position in shares of Air Products and Chemicals by 1.3% during the 4th quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after buying an additional 36 shares in the last quarter. Revisor Wealth Management LLC lifted its holdings in shares of Air Products and Chemicals by 0.8% during the 1st quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after acquiring an additional 36 shares during the last quarter. CYBER HORNET ETFs LLC grew its position in Air Products and Chemicals by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after acquiring an additional 37 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft increased its stake in Air Products and Chemicals by 0.7% in the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock valued at $1,463,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on APD. Citigroup lifted their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. raised their price objective on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. Bank of America upped their target price on 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. Finally, Mizuho increased their price target on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $332.76.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $308.86 on Friday. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The stock’s 50 day simple moving average is $293.47 and its two-hundred day simple moving average is $289.30. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The stock has a market cap of $68.78 billion, a price-to-earnings ratio of -1,403.92, a PEG ratio of 2.65 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is -3,290.91%.

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.