Air Products and Chemicals, Inc. $APD Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 6.5% during the 3rd quarter, Holdings Channel reports. The firm owned 1,156,558 shares of the basic materials company’s stock after selling 80,341 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Air Products and Chemicals were worth $315,416,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of APD. Traub Capital Management LLC acquired a new stake in Air Products and Chemicals in the 2nd quarter worth about $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Air Products and Chemicals in the second quarter valued at approximately $28,000. Abound Wealth Management boosted its stake in shares of Air Products and Chemicals by 292.3% in the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares during the last quarter. Westside Investment Management Inc. increased its position in shares of Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, Financial Connections Group Inc. raised its stake in Air Products and Chemicals by 46.7% in the 2nd quarter. Financial Connections Group Inc. now owns 110 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 35 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on APD. UBS Group lowered shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $310.00 to $250.00 in a report on Thursday, December 11th. JPMorgan Chase & Co. dropped their price objective on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, November 7th. Weiss Ratings reissued a “sell (d+)” rating on shares of Air Products and Chemicals in a research note on Monday, December 29th. Royal Bank Of Canada dropped their price target on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Finally, Citigroup downgraded Air Products and Chemicals from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $300.00 to $245.00 in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $292.00.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $267.56 on Monday. The firm has a 50 day simple moving average of $253.45 and a 200-day simple moving average of $270.35. The stock has a market cap of $59.56 billion, a price-to-earnings ratio of -150.31, a price-to-earnings-growth ratio of 2.63 and a beta of 0.87. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.38 and a quick ratio of 1.20. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $341.14.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.01. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $3.56 earnings per share. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 2nd will be given a dividend of $1.79 per share. This represents a $7.16 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, January 2nd. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -402.25%.

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.