Air Products and Chemicals, Inc. $APD Shares Sold by SevenBridge Financial Group LLC

SevenBridge Financial Group LLC trimmed its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 14.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 10,545 shares of the basic materials company’s stock after selling 1,850 shares during the period. SevenBridge Financial Group LLC’s holdings in Air Products and Chemicals were worth $2,758,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APD. Vanguard Group Inc. lifted its stake in shares of Air Products and Chemicals by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock valued at $6,000,040,000 after purchasing an additional 260,904 shares during the last quarter. Capital Research Global Investors increased its position in shares of Air Products and Chemicals by 2.4% during the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock worth $3,209,068,000 after purchasing an additional 272,197 shares during the last quarter. State Street Corp raised its holdings in Air Products and Chemicals by 1.9% in the 2nd quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock valued at $2,666,289,000 after buying an additional 180,056 shares during the period. Capital International Investors raised its holdings in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after buying an additional 609,489 shares during the period. Finally, Dodge & Cox lifted its position in Air Products and Chemicals by 0.7% in the second quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock valued at $2,488,164,000 after buying an additional 61,678 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Buying and Selling at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s 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 sale, the director owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Trading Up 0.9%

NYSE APD opened at $277.69 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. The firm has a market cap of $61.83 billion, a price-to-earnings ratio of -183.90, a PEG ratio of 2.70 and a beta of 0.88. The firm has a 50 day simple moving average of $271.76 and a 200-day simple moving average of $266.09. 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 posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.04 by $0.12. The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate 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 company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.86 earnings per share. 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. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be given a dividend of $1.81 per share. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is presently -474.17%.

Analysts Set New Price Targets

APD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. Bank of America upgraded shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective on the stock in a report on Thursday, January 8th. Argus dropped 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 report on Thursday, December 11th. Weiss Ratings raised Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Finally, Citigroup upped their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.88.

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.