Saturna Capital Corp Has $28.65 Million Position in Air Products and Chemicals, Inc. $APD

Saturna Capital Corp increased its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,991 shares of the basic materials company’s stock after buying an additional 2,456 shares during the quarter. Saturna Capital Corp owned 0.05% of Air Products and Chemicals worth $28,652,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Holos Integrated Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the fourth quarter worth about $25,000. Richardson Financial Services Inc. increased its stake in Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals during the 4th quarter worth approximately $25,000. Caitlin John LLC acquired a new stake in Air Products and Chemicals during the 3rd quarter worth approximately $30,000. Finally, Financial Life Planners bought a new position in Air Products and Chemicals in the third quarter valued at approximately $30,000. 81.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity 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 value of $824,404.64. Following the completion of the transaction, the chief financial officer owned 14,212 shares of the company’s stock, valued at $4,317,037.12. The trade was a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Down 2.2%

Shares of APD opened at $276.65 on Thursday. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $307.96. The firm’s 50 day moving average is $293.09 and its 200-day moving average is $276.09. The stock has a market capitalization of $61.60 billion, a PE ratio of 29.27, a P/E/G ratio of 2.49 and a beta of 0.74.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the business posted $2.69 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.2 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.19%.

Analyst Upgrades and Downgrades

APD has been the subject of several research analyst reports. Citigroup upped their price target on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Morgan Stanley boosted their target price on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. 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 research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on shares of Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus price target of $323.12.

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.