Loudon Investment Management LLC Has $892,000 Stock Holdings in Air Products and Chemicals, Inc. $APD

Loudon Investment Management LLC trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 54.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,271 shares of the basic materials company’s stock after selling 3,852 shares during the quarter. Loudon Investment Management LLC’s holdings in Air Products and Chemicals were worth $892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. YANKCOM Partnership raised its holdings in Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock worth $791,000 after purchasing an additional 35 shares during the last quarter. Sage Capital Advisors llc boosted its stake in shares of Air Products and Chemicals by 0.3% in the 3rd quarter. Sage Capital Advisors llc now owns 14,930 shares of the basic materials company’s stock valued at $4,072,000 after purchasing an additional 38 shares during the last quarter. Journey Strategic Wealth LLC increased its position in shares of 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 buying an additional 39 shares during the period. Essex Financial Services Inc. raised its stake in Air Products and Chemicals by 1.0% during the third quarter. Essex Financial Services Inc. now owns 4,239 shares of the basic materials company’s stock worth $1,156,000 after buying an additional 40 shares during the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in Air Products and Chemicals by 1.1% during the second quarter. Cape Investment Advisory Inc. now owns 3,611 shares of the basic materials company’s stock worth $1,019,000 after buying an additional 41 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on APD. JPMorgan Chase & Co. upped their price target on shares of Air Products and Chemicals from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. UBS Group lifted their price objective on Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Mizuho cut their target price on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Wells Fargo & Company raised Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $270.00 to $325.00 in a research note on Friday. Finally, Citigroup lifted their target price on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average target price of $299.12.

Air Products and Chemicals Trading Up 0.5%

NYSE:APD opened at $289.39 on Tuesday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $301.11. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $64.44 billion, a price-to-earnings ratio of -191.65, a PEG ratio of 2.82 and a beta of 0.88. The firm has a fifty day simple moving average of $274.08 and a two-hundred day simple moving average of $265.77.

Air Products and Chemicals (NYSE:APD) last released 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. The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s payout ratio is -474.17%.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the business’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 transaction of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares in the company, valued at $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

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.