Insider Selling: Air Products and Chemicals (NYSE:APD) Director Sells 70,175 Shares of Stock

Air Products and Chemicals, Inc. (NYSE:APD) Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Air Products and Chemicals Stock Down 2.3%

APD stock traded down $6.84 during midday trading on Friday, reaching $284.66. The company had a trading volume of 681,128 shares, compared to its average volume of 1,433,685. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $321.47. The company has a market capitalization of $63.38 billion, a P/E ratio of -188.56, a PEG ratio of 2.87 and a beta of 0.87. The company has a 50 day moving average of $259.01 and a two-hundred day moving average of $267.96. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the company posted $2.86 earnings per share. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. On average, equities research analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be issued a $1.81 dividend. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -474.17%.

Analysts Set New Price Targets

APD has been the topic of a number of research reports. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. UBS Group upped their price target on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Citigroup boosted their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 30th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $295.88.

Hedge Funds Weigh In On Air Products and Chemicals

Institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Air Products and Chemicals by 0.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,040,494 shares of the basic materials company’s stock valued at $257,023,000 after acquiring an additional 9,188 shares during the period. Wealthspire Advisors LLC boosted its stake in Air Products and Chemicals by 44.2% during the fourth quarter. Wealthspire Advisors LLC now owns 2,584 shares of the basic materials company’s stock worth $638,000 after buying an additional 792 shares during the last quarter. Columbia Bank lifted its holdings in Air Products and Chemicals by 2.0% during the 4th quarter. Columbia Bank now owns 8,282 shares of the basic materials company’s stock worth $2,046,000 after buying an additional 159 shares during the last quarter. Quadrant Capital Group LLC increased its stake in Air Products and Chemicals by 5.5% in the 4th quarter. Quadrant Capital Group LLC now owns 11,623 shares of the basic materials company’s stock valued at $2,871,000 after purchasing an additional 611 shares in the last quarter. Finally, HRT Financial LP purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth about $109,351,000. 81.66% of the stock is currently owned by institutional investors.

About Air Products and Chemicals

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.