Wilmington Savings Fund Society FSB Has $4.45 Million Stake in Air Products and Chemicals, Inc. $APD

Wilmington Savings Fund Society FSB cut its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 20.0% during the third quarter, HoldingsChannel.com reports. The firm owned 16,320 shares of the basic materials company’s stock after selling 4,086 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Air Products and Chemicals were worth $4,451,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Traub Capital Management LLC bought a new position in shares of Air Products and Chemicals in the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in Air Products and Chemicals during the second quarter worth approximately $28,000. Abound Wealth Management grew its holdings in Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 76 shares during the last quarter. Caitlin John LLC bought a new position in shares of Air Products and Chemicals in the third quarter valued at approximately $30,000. Finally, Financial Life Planners acquired a new stake in shares of Air Products and Chemicals in the third quarter worth $30,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $281.96 on Thursday. The stock has a market cap of $62.78 billion, a PE ratio of -186.73, a price-to-earnings-growth ratio of 2.80 and a beta of 0.88. The stock has a 50-day moving average of $275.04 and a 200-day moving average of $265.83. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $301.11.

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 for the quarter, topping the consensus estimate 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 business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm earned $2.86 EPS. Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. 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 expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. 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 -474.17%.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the business’s stock in a transaction dated 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 directly owned 93,499 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Analyst Upgrades and Downgrades

APD has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Sanford C. Bernstein restated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $282.00 price target on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Wolfe Research restated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, December 8th. Finally, Argus dropped their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Nine research analysts have rated the stock with a Buy rating and seven have given 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 a consensus target price of $299.12.

Air Products and Chemicals Company 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.