Trajan Wealth LLC Buys 9,933 Shares of Air Products and Chemicals, Inc. $APD

Trajan Wealth LLC lifted its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 48.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,326 shares of the basic materials company’s stock after acquiring an additional 9,933 shares during the quarter. Trajan Wealth LLC’s holdings in Air Products and Chemicals were worth $8,891,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in APD. Brighton Jones LLC raised its position in Air Products and Chemicals by 14.5% during 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 in the last quarter. Bison Wealth LLC acquired a new position in shares of Air Products and Chemicals during the 4th quarter worth about $245,000. Sei Investments Co. increased its stake in shares of Air Products and Chemicals by 197.6% during the 2nd quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock worth $79,498,000 after purchasing an additional 187,142 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Air Products and Chemicals by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after purchasing an additional 2,171 shares during the period. Finally, Diversify Advisory Services LLC raised its holdings in shares of Air Products and Chemicals by 52.5% in the 2nd quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after purchasing an additional 2,229 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.3%

Shares of APD stock opened at $306.14 on Tuesday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The company has a market capitalization of $68.17 billion, a PE ratio of -1,391.54, a price-to-earnings-growth ratio of 2.65 and a beta of 0.73. The firm has a 50 day moving average price of $296.28 and a two-hundred day moving average price of $291.09. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.09 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Wall Street Analyst Weigh In

APD has been the subject of a number of research analyst reports. Citigroup lifted their price target on Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $373.00 price objective on shares of Air Products and Chemicals in a research report on Friday, July 31st. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 target price for the company in a research note on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $332.76.

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.