Sei Investments Co. Boosts Stock Holdings in Air Products and Chemicals, Inc. $APD

Sei Investments Co. raised its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 4.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 277,932 shares of the basic materials company’s stock after acquiring an additional 13,048 shares during the period. Sei Investments Co.’s holdings in Air Products and Chemicals were worth $80,734,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of APD. Brighton Jones LLC grew its holdings in Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after buying an additional 412 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of Air Products and Chemicals during the 4th quarter worth approximately $245,000. Treasurer of the State of North Carolina boosted its position in shares of Air Products and Chemicals by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after acquiring an additional 2,171 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of Air Products and Chemicals by 52.5% in the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after purchasing an additional 2,229 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Air Products and Chemicals by 8.3% in the second quarter. Quantinno Capital Management LP now owns 31,175 shares of the basic materials company’s stock valued at $8,793,000 after purchasing an additional 2,387 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the topic of a number of recent research reports. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Berenberg Bank set a $350.00 price objective on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Morgan Stanley upped their target price on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Bank of America increased their price target on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $358.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 17th. One 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $326.88.

Insider Buying and Selling at Air Products and Chemicals

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction that occurred 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 sale, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

APD stock opened at $298.57 on Friday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87. 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 company has a 50-day moving average price of $289.26 and a 200 day moving average price of $285.45. The stock has a market cap of $66.49 billion, a PE ratio of 31.59, a P/E/G ratio of 2.67 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the prior year, the firm posted $2.69 EPS. The firm’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. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 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 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.