Air Products and Chemicals, Inc. $APD Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 11.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,027 shares of the basic materials company’s stock after selling 2,335 shares during the quarter. Pacer Advisors Inc.’s holdings in Air Products and Chemicals were worth $4,453,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of APD. Cary Street Partners Financial LLC raised its holdings in Air Products and Chemicals by 2.2% during the fourth quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after purchasing an additional 35 shares during the last quarter. StoneX Group Inc. grew its holdings in Air Products and Chemicals by 1.3% in the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after purchasing an additional 36 shares during the last quarter. CYBER HORNET ETFs LLC grew its holdings in Air Products and Chemicals by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock valued at $159,000 after purchasing an additional 37 shares during the last quarter. Dakota Community Bank & Trust NA increased its position in shares of Air Products and Chemicals by 5.3% in the fourth quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company’s stock valued at $187,000 after buying an additional 38 shares in the last quarter. Finally, Journey Strategic Wealth LLC raised its stake in shares of Air Products and Chemicals by 3.7% during the 3rd quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company’s stock worth $296,000 after buying an additional 39 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

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 stock was 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. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Up 1.0%

Shares of NYSE:APD opened at $283.01 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $63.02 billion, a P/E ratio of 29.95, a P/E/G ratio of 2.46 and a beta of 0.74. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The stock’s fifty day simple moving average is $291.09 and its 200-day simple moving average is $277.34.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data 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. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the firm posted $2.69 earnings per share. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. 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, equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.23 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

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

Analysts Set New Price Targets

APD has been the topic of several recent research reports. Wells Fargo & Company boosted their price objective on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Bank of America raised their target price 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. Morgan Stanley lifted their target price on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada upped their price target on shares of Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Berenberg Bank set a $350.00 price objective on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus target price 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.