Raiffeisen Bank International AG Sells 71,396 Shares of Air Products and Chemicals, Inc. $APD

Raiffeisen Bank International AG lessened its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 78.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,120 shares of the basic materials company’s stock after selling 71,396 shares during the quarter. Raiffeisen Bank International AG’s holdings in Air Products and Chemicals were worth $5,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cary Street Partners Financial LLC raised its position in Air Products and Chemicals by 2.2% during the 4th quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock valued at $399,000 after purchasing an additional 35 shares in the last quarter. CYBER HORNET ETFs LLC raised its position in Air Products and Chemicals by 6.1% during the 4th 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 in the last quarter. Dakota Community Bank & Trust NA raised its position in Air Products and Chemicals by 5.3% during the 4th quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company’s stock valued at $187,000 after purchasing an additional 38 shares in the last quarter. Journey Strategic Wealth LLC raised its position in 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 valued at $296,000 after purchasing an additional 39 shares in the last quarter. Finally, Essex Financial Services Inc. raised its position in Air Products and Chemicals by 1.0% during the 3rd quarter. Essex Financial Services Inc. now owns 4,239 shares of the basic materials company’s stock valued at $1,156,000 after purchasing an additional 40 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction on 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 $4,317,037.12. The trade was a 16.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.88% of the stock is currently owned by company insiders.

Air Products and Chemicals Stock Up 0.5%

Shares of APD stock opened at $277.98 on Friday. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.96. The stock’s fifty day moving average price is $292.84 and its 200 day moving average price is $276.24. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a market cap of $61.90 billion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 2.43 and a beta of 0.74.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the previous year, the business earned $2.69 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. 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, research analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share 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 paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is 76.61%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on APD shares. Royal Bank Of Canada lifted their target price on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Citigroup boosted their price target on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Wells Fargo & Company boosted their price target on 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. Finally, Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $323.12.

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.