Savant Capital LLC Decreases Holdings in Air Products and Chemicals, Inc. $APD

Savant Capital LLC trimmed its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,894 shares of the basic materials company’s stock after selling 1,971 shares during the period. Savant Capital LLC’s holdings in Air Products and Chemicals were worth $2,197,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Moors & Cabot Inc. raised its holdings in shares of Air Products and Chemicals by 3.5% during the 4th quarter. Moors & Cabot Inc. now owns 10,902 shares of the basic materials company’s stock valued at $2,693,000 after buying an additional 370 shares in the last quarter. IFG Advisory LLC raised its holdings in shares of Air Products and Chemicals by 8.2% during the 4th quarter. IFG Advisory LLC now owns 11,889 shares of the basic materials company’s stock valued at $2,937,000 after buying an additional 901 shares in the last quarter. Smith Chas P & Associates PA Cpas raised its holdings in shares of Air Products and Chemicals by 70.2% during the 4th quarter. Smith Chas P & Associates PA Cpas now owns 133,612 shares of the basic materials company’s stock valued at $33,005,000 after buying an additional 55,110 shares in the last quarter. Fidelis Capital Partners LLC raised its holdings in shares of Air Products and Chemicals by 25.5% during the 4th quarter. Fidelis Capital Partners LLC now owns 4,611 shares of the basic materials company’s stock valued at $1,139,000 after buying an additional 938 shares in the last quarter. Finally, Expressive Wealth LLC purchased a new position in shares of Air Products and Chemicals during the 4th quarter valued at about $215,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Air Products and Chemicals

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the transaction, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.88% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

APD has been the subject of a number of recent research reports. Royal Bank Of Canada boosted their target price on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Jefferies Financial Group boosted their target price on Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. boosted their target price on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Wells Fargo & Company boosted their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Mizuho set a $345.00 target price on Air Products and Chemicals in a research note on Friday, May 1st. One equities research 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’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $323.12.

Air Products and Chemicals Trading Down 0.1%

NYSE APD opened at $278.37 on Monday. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.96. 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 50-day moving average of $294.21 and a 200-day moving average of $274.78. The firm has a market cap of $61.99 billion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 2.45 and a beta of 0.74.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) 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 company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the previous year, the business earned $2.69 EPS. Air Products and Chemicals’s revenue was up 8.8% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is currently 76.61%.

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.