Spectrum Strategic Capital Management LLC Takes $495,000 Position in Air Products and Chemicals, Inc. $APD

Spectrum Strategic Capital Management LLC acquired a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,005 shares of the basic materials company’s stock, valued at approximately $495,000.

Other institutional investors also recently made changes to their positions in the company. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals during the 4th quarter valued at $25,000. Richardson Financial Services Inc. raised its holdings in Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after buying an additional 97 shares during the last quarter. Caitlin John LLC bought a new stake in Air Products and Chemicals during the 3rd quarter valued at $30,000. Financial Life Planners bought a new stake in Air Products and Chemicals during the 3rd quarter valued at $30,000. Finally, Cloud Capital Management LLC bought a new stake in Air Products and Chemicals during the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.1%

Shares of Air Products and Chemicals stock opened at $295.14 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a 50-day moving average of $292.82 and a 200 day moving average of $271.99. The firm has a market cap of $65.72 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 2.59 and a beta of 0.77. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $307.96.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the business earned $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.61%.

Wall Street Analyst Weigh In

APD has been the subject of a number of recent analyst reports. BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target for the company in a report on Friday, May 1st. Citigroup upped their price target on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. Bank of America upped their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Finally, Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $323.12.

Insider Buying and Selling

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.88% of the company’s stock.

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.