Air Products and Chemicals, Inc. $APD Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 32.1% during the fourth quarter, Holdings Channel reports. The firm owned 11,290 shares of the basic materials company’s stock after selling 5,336 shares during the period. Kestra Private Wealth Services LLC’s holdings in Air Products and Chemicals were worth $2,789,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Pictet Asset Management Holding SA grew its position in Air Products and Chemicals by 25.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 111,519 shares of the basic materials company’s stock worth $27,548,000 after buying an additional 22,781 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Air Products and Chemicals by 31.3% during the 4th quarter. Physician Wealth Advisors Inc. now owns 189 shares of the basic materials company’s stock worth $47,000 after acquiring an additional 45 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in shares of Air Products and Chemicals by 2.4% in the 4th quarter. Verdence Capital Advisors LLC now owns 1,767 shares of the basic materials company’s stock worth $436,000 after acquiring an additional 42 shares during the last quarter. Nichols & Pratt Advisers LLP MA raised its position in shares of Air Products and Chemicals by 22.3% during the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 62,116 shares of the basic materials company’s stock worth $15,344,000 after purchasing an additional 11,310 shares during the period. Finally, Scissortail Wealth Management LLC lifted its holdings in shares of Air Products and Chemicals by 1.9% during the fourth quarter. Scissortail Wealth Management LLC now owns 16,278 shares of the basic materials company’s stock valued at $4,021,000 after purchasing an additional 299 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Berenberg Bank set a $350.00 price target on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. upgraded shares of Air Products and Chemicals from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $280.00 to $310.00 in a report on Friday, March 20th. Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $270.00 to $325.00 in a research report on Friday, March 13th. BMO Capital Markets restated a “market perform” rating and set a $282.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. Finally, Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $308.78.

Air Products and Chemicals Trading Down 0.2%

NYSE:APD opened at $302.82 on Thursday. The stock has a market cap of $67.43 billion, a PE ratio of -200.54, a price-to-earnings-growth ratio of 2.84 and a beta of 0.80. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $307.29. 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 stock’s 50-day moving average is $288.32 and its two-hundred day moving average is $268.74.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping the consensus estimate of $3.04 by $0.12. The business had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last 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. As a group, equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.04 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is -476.82%.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Air Products and Chemicals Company 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.