Air Products and Chemicals, Inc. $APD Shares Acquired by Iron Gate Global Advisors LLC

Iron Gate Global Advisors LLC lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 71.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,054 shares of the basic materials company’s stock after purchasing an additional 43,925 shares during the quarter. Air Products and Chemicals comprises about 2.7% of Iron Gate Global Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Iron Gate Global Advisors LLC’s holdings in Air Products and Chemicals were worth $25,951,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Rockland Trust Co. raised its position in shares of Air Products and Chemicals by 8.2% in the 4th quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock worth $14,058,000 after buying an additional 4,319 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Air Products and Chemicals by 5.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock valued at $121,909,000 after purchasing an additional 23,760 shares during the period. Barclays PLC raised its position in Air Products and Chemicals by 16.4% in the third quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock valued at $215,356,000 after purchasing an additional 111,317 shares during the period. Mather Group LLC. raised its position in Air Products and Chemicals by 11.5% in the fourth quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock valued at $14,197,000 after purchasing an additional 5,909 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its position in Air Products and Chemicals by 0.9% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company’s stock valued at $627,065,000 after purchasing an additional 21,479 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

NYSE APD opened at $281.39 on Thursday. The stock has a market capitalization of $62.66 billion, a P/E ratio of 29.78, a P/E/G ratio of 2.46 and a beta of 0.74. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $307.96. The business’s fifty day moving average is $291.95 and its two-hundred day moving average is $276.89. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 earnings per share. 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. On average, research analysts forecast that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is presently 76.61%.

Insiders Place Their Bets

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the transaction, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on APD shares. Citigroup raised their target price on Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. JPMorgan Chase & Co. lifted their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Mizuho set a $345.00 target price on Air Products and Chemicals in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, May 4th. Finally, UBS Group lifted their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average price target of $323.12.

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.