Stonebrook Private Inc. Lowers Position in Air Products and Chemicals, Inc. $APD

Stonebrook Private Inc. cut its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 64.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,329 shares of the basic materials company’s stock after selling 6,000 shares during the quarter. Stonebrook Private Inc.’s holdings in Air Products and Chemicals were worth $822,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in APD. Holos Integrated Wealth LLC purchased a new position in shares of Air Products and Chemicals in the fourth quarter valued at about $25,000. Richardson Financial Services Inc. lifted its position in shares of Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth about $25,000. Caitlin John LLC purchased a new stake in shares of Air Products and Chemicals in the third quarter worth about $30,000. Finally, Financial Life Planners purchased a new position in shares of Air Products and Chemicals in the 3rd quarter worth $30,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. UBS Group lifted their price objective on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Morgan Stanley upped their price objective on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Wells Fargo & Company upped their price objective on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, May 4th. Finally, Mizuho set a $345.00 target price on Air Products and Chemicals in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.12.

Air Products and Chemicals Trading Up 2.1%

APD stock opened at $282.68 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The business’s 50-day moving average is $293.39 and its 200 day moving average is $275.91. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $307.96. The stock has a market cap of $62.95 billion, a price-to-earnings ratio of 29.91, a PEG ratio of 2.43 and a beta of 0.74.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion for 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%. The business’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the company posted $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. On average, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

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

About Air Products and Chemicals

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.