Air Products and Chemicals, Inc. $APD Stock Acquired by Dakota Community Bank & Trust NA

Dakota Community Bank & Trust NA increased its position in Air Products and Chemicals, Inc. (NYSE:APD) by 251.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,619 shares of the basic materials company’s stock after buying an additional 1,873 shares during the period. Air Products and Chemicals accounts for about 1.9% of Dakota Community Bank & Trust NA’s investment portfolio, making the stock its 15th biggest position. Dakota Community Bank & Trust NA’s holdings in Air Products and Chemicals were worth $717,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL boosted its holdings in Air Products and Chemicals by 0.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock valued at $1,147,000 after acquiring an additional 35 shares during the period. Revisor Wealth Management LLC grew its stake in Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock valued at $1,320,000 after purchasing an additional 36 shares during the last quarter. Baader Bank Aktiengesellschaft raised its stake in shares of Air Products and Chemicals by 0.7% during the 1st quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 37 shares in the last quarter. Northcape Wealth Management LLC increased its position in shares of Air Products and Chemicals by 0.4% during the second quarter. Northcape Wealth Management LLC now owns 8,753 shares of the basic materials company’s stock worth $2,566,000 after purchasing an additional 37 shares in the last quarter. Finally, Planning Strategies Inc. boosted its holdings in Air Products and Chemicals by 10.7% in the third quarter. Planning Strategies Inc. now owns 393 shares of the basic materials company’s stock worth $109,000 after acquiring an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the topic of several recent research reports. UBS Group lowered their price target on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Royal Bank Of Canada increased their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, Wells Fargo & Company raised their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $333.56.

Air Products and Chemicals Stock Up 1.5%

NYSE:APD traded up $4.18 during trading hours on Friday, hitting $282.56. The company’s stock had a trading volume of 188,058 shares, compared to its average volume of 1,279,728. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $62.92 billion, a P/E ratio of -1,282.82, a price-to-earnings-growth ratio of 2.62 and a beta of 0.76. The stock has a fifty day moving average of $294.58 and a 200-day moving average of $293.23.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm posted $3.09 earnings per share. Air Products and Chemicals’s revenue for the quarter was up 4.6% on a year-over-year basis. 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. On average, equities analysts forecast that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a $1.81 dividend. The ex-dividend date is Thursday, October 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 (DPR) is currently -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.