Englebert Financial Advisers LLC bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,203 shares of the basic materials company’s stock, valued at approximately $1,038,000. Air Products and Chemicals makes up 1.2% of Englebert Financial Advisers LLC’s portfolio, making the stock its 18th biggest holding.
Several other hedge funds and other institutional investors have also made changes to their positions in APD. Holos Integrated Wealth LLC purchased a new position in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. lifted its position in shares of Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 97 shares in the last quarter. Caitlin John LLC acquired a new stake in shares of Air Products and Chemicals in the third quarter valued at approximately $30,000. Financial Life Planners acquired a new stake in shares of Air Products and Chemicals in the third quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Air Products and Chemicals in the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on APD shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, May 4th. UBS Group increased their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Morgan Stanley increased their price target on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Wells Fargo & Company increased their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Bank of America increased their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $323.12.
Insiders Place Their Bets
In related news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Company insiders own 1.88% of the company’s stock.
Air Products and Chemicals Trading Up 3.1%
Shares of NYSE APD opened at $304.63 on Tuesday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.29. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The stock has a fifty day simple moving average of $290.71 and a 200-day simple moving average of $270.67. The stock has a market capitalization of $67.83 billion, a PE ratio of 32.24, a PEG ratio of 2.59 and a beta of 0.77.
Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the previous year, the firm posted $2.69 earnings per share. The company’s revenue 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, equities analysts forecast that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.
Air Products and Chemicals Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.
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.
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