Wealth Enhancement Advisory Services LLC Decreases Stake in Air Products and Chemicals, Inc. $APD

Wealth Enhancement Advisory Services LLC reduced its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 241,953 shares of the basic materials company’s stock after selling 8,542 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.11% of Air Products and Chemicals worth $62,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at about $1,020,081,000. Viking Global Investors LP purchased a new position in shares of Air Products and Chemicals during the second quarter valued at approximately $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock valued at $281,258,000 after purchasing an additional 892,793 shares during the last quarter. Franklin Resources Inc. lifted its position in Air Products and Chemicals by 21.6% during the third quarter. Franklin Resources Inc. now owns 4,616,305 shares of the basic materials company’s stock valued at $1,258,678,000 after purchasing an additional 821,524 shares during the period. Finally, Capital International Investors boosted its holdings in Air Products and Chemicals by 7.4% in the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after purchasing an additional 609,489 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Trading Down 1.2%

Shares of APD stock opened at $280.86 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The company has a market cap of $62.54 billion, a price-to-earnings ratio of -186.00, a PEG ratio of 2.75 and a beta of 0.88. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $301.11. The firm has a fifty day moving average price of $275.85 and a 200-day moving average price of $265.50.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the previous year, the business earned $2.86 earnings per share. Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. 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. As a group, equities analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is presently -474.17%.

Wall Street Analysts Forecast Growth

APD has been the subject of a number of research analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Citigroup raised their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a report on Wednesday, December 10th. Finally, Wells Fargo & Company raised Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $270.00 to $325.00 in a research report on Friday, March 13th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus target price of $300.88.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.88% of the company’s stock.

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.