Patrick Mauro Investment Advisor INC. Has $3.50 Million Stock Position in Air Products and Chemicals, Inc. $APD

Patrick Mauro Investment Advisor INC. boosted its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 310.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,831 shares of the basic materials company’s stock after buying an additional 9,705 shares during the period. Air Products and Chemicals makes up about 1.8% of Patrick Mauro Investment Advisor INC.’s investment portfolio, making the stock its 20th largest position. Patrick Mauro Investment Advisor INC.’s holdings in Air Products and Chemicals were worth $3,499,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC grew its stake in shares of Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new position in Air Products and Chemicals during the 4th quarter valued at $245,000. AE Wealth Management LLC boosted its holdings in Air Products and Chemicals by 45.3% in the 2nd quarter. AE Wealth Management LLC now owns 2,449 shares of the basic materials company’s stock valued at $691,000 after purchasing an additional 763 shares during the period. Allworth Financial LP boosted its holdings in Air Products and Chemicals by 58.7% in the 2nd quarter. Allworth Financial LP now owns 4,949 shares of the basic materials company’s stock valued at $1,396,000 after purchasing an additional 1,830 shares during the period. Finally, Vise Technologies Inc. acquired a new stake in Air Products and Chemicals in the 2nd quarter worth $969,000. 81.66% of the stock is owned by institutional investors.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction that occurred on 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. This represents a 42.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Wall Street Analysts Forecast Growth

APD has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Argus decreased their target price 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. Deutsche Bank Aktiengesellschaft set a $255.00 price target on Air Products and Chemicals in a research note on Wednesday, December 10th. JPMorgan Chase & Co. upped their price target on Air Products and Chemicals from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Finally, Jefferies Financial Group raised their price objective on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $299.12.

Air Products and Chemicals Price Performance

NYSE:APD opened at $287.79 on Friday. The company has a 50-day moving average of $273.37 and a 200-day moving average of $266.21. The company has a market capitalization of $64.08 billion, a price-to-earnings ratio of -190.59, a PEG ratio of 2.85 and a beta of 0.88. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $301.11. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating 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 business had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter in the previous year, the firm posted $2.86 earnings per share. The firm’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. As a group, equities research analysts anticipate 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 business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be paid a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio is currently -474.17%.

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.