Air Products and Chemicals, Inc. $APD Shares Acquired by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co boosted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 8.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,543 shares of the basic materials company’s stock after buying an additional 2,600 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Air Products and Chemicals were worth $8,875,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in APD. Meadow Creek Wealth Advisors LLC grew its stake in shares of Air Products and Chemicals by 1.6% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock valued at $642,000 after purchasing an additional 35 shares during the last quarter. YANKCOM Partnership grew its position in Air Products and Chemicals by 1.3% in the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after buying an additional 35 shares during the last quarter. Atlatl Advisers LLC increased its stake in Air Products and Chemicals by 2.5% in the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after buying an additional 37 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in Air Products and Chemicals by 7.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after purchasing an additional 37 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC lifted its holdings in shares of Air Products and Chemicals by 0.7% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 5,272 shares of the basic materials company’s stock valued at $1,487,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Buying and Selling at Air Products and Chemicals

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the transaction, the director owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on APD. Jefferies Financial Group boosted their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Royal Bank Of Canada lowered their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a report on Friday, November 7th. BMO Capital Markets reaffirmed a “market perform” rating and set a $282.00 price objective on shares of Air Products and Chemicals in a report on Monday, February 2nd. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Citigroup increased their price target on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average target price of $295.88.

Air Products and Chemicals Trading Down 4.0%

Shares of Air Products and Chemicals stock opened at $279.95 on Friday. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $321.47. The business’s fifty day moving average is $259.41 and its two-hundred day moving average is $267.85. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The firm has a market cap of $62.33 billion, a PE ratio of -185.40, a P/E/G ratio of 2.86 and a beta of 0.87.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.04 by $0.12. The firm had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.86 earnings per share. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s payout ratio is -474.17%.

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.