Monte Financial Group LLC Sells 2,503 Shares of Air Products and Chemicals, Inc. $APD

Monte Financial Group LLC reduced its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,894 shares of the basic materials company’s stock after selling 2,503 shares during the quarter. Monte Financial Group LLC’s holdings in Air Products and Chemicals were worth $4,335,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of APD. American Century Companies Inc. lifted its position in shares of Air Products and Chemicals by 10.4% during the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock worth $16,258,000 after buying an additional 5,430 shares in the last quarter. Aberdeen Group plc increased its position in shares of Air Products and Chemicals by 4.1% during the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after purchasing an additional 4,492 shares during the last quarter. Swiss National Bank raised its stake in shares of Air Products and Chemicals by 7.4% during the 2nd quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock worth $189,939,000 after purchasing an additional 46,200 shares during the period. KLP Kapitalforvaltning AS boosted its holdings in shares of Air Products and Chemicals by 4.6% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 80,353 shares of the basic materials company’s stock worth $22,664,000 after buying an additional 3,500 shares during the last quarter. Finally, Platform Technology Partners grew its position in Air Products and Chemicals by 683.0% during the third quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock valued at $1,954,000 after buying an additional 6,249 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Mizuho lowered their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, December 18th. Citigroup raised their target price on Air Products and Chemicals from $245.00 to $272.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. The Goldman Sachs Group set a $335.00 price objective on shares of Air Products and Chemicals in a research report on Wednesday, October 1st. Wells Fargo & Company reissued an “equal weight” rating and issued a $250.00 price target (down from $330.00) on shares of Air Products and Chemicals in a report on Friday, December 19th. Finally, Argus reduced their target price on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $293.80.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $261.09 on Monday. The company’s fifty day simple moving average is $253.64 and its two-hundred day simple moving average is $269.33. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $341.14. The firm has a market cap of $58.12 billion, a PE ratio of -146.68, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.01. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.18 billion. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the business posted $3.56 EPS. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a $1.79 dividend. The ex-dividend date is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is -402.25%.

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.