Bristol John W & Co. Inc. NY Has $96.65 Million Holdings in Air Products and Chemicals, Inc. $APD

Bristol John W & Co. Inc. NY reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 2.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 354,396 shares of the basic materials company’s stock after selling 8,423 shares during the quarter. Bristol John W & Co. Inc. NY’s holdings in Air Products and Chemicals were worth $96,651,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Air Products and Chemicals during the second quarter worth $28,000. Traub Capital Management LLC acquired a new position in Air Products and Chemicals in the second quarter valued at about $28,000. Abound Wealth Management boosted its holdings in Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after buying an additional 76 shares during the last quarter. Financial Life Planners acquired a new position in shares of Air Products and Chemicals during the 3rd quarter worth about $30,000. Finally, Caitlin John LLC bought a new stake in shares of Air Products and Chemicals in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

APD stock opened at $289.78 on Friday. The stock has a 50-day moving average price of $272.61 and a two-hundred day moving average price of $266.25. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $301.11. The stock has a market cap of $64.52 billion, a PE ratio of -191.91, a price-to-earnings-growth ratio of 2.72 and a beta of 0.88. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. The company had revenue of $3.10 billion for 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 company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a yield of 2.5%. The ex-dividend date is Wednesday, April 1st. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -474.17%.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director directly owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.88% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on APD shares. Wells Fargo & Company boosted their price objective on shares of Air Products and Chemicals from $250.00 to $270.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. Mizuho lowered their price objective on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. Wolfe Research reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, December 8th. Jefferies Financial Group increased their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Finally, Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective on the stock in a report on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $295.88.

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.