Air Products and Chemicals, Inc. $APD Holdings Lowered by Fiduciary Family Office LLC

Fiduciary Family Office LLC trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 69.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 957 shares of the basic materials company’s stock after selling 2,179 shares during the period. Fiduciary Family Office LLC’s holdings in Air Products and Chemicals were worth $236,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Air Products and Chemicals by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock valued at $5,509,702,000 after purchasing an additional 303,944 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Air Products and Chemicals by 2.4% during the third quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock valued at $3,209,068,000 after purchasing an additional 272,197 shares during the last quarter. State Street Corp lifted its holdings in shares of Air Products and Chemicals by 1.1% during the third quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock valued at $2,607,065,000 after purchasing an additional 106,578 shares during the last quarter. Dodge & Cox lifted its holdings in shares of Air Products and Chemicals by 2.1% during the third quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after purchasing an additional 183,492 shares during the last quarter. Finally, Capital International Investors lifted its holdings in shares of Air Products and Chemicals by 7.4% during the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after purchasing an additional 609,489 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $282.24 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. The firm has a fifty day simple moving average of $294.13 and a 200-day simple moving average of $275.16. The stock has a market capitalization of $62.85 billion, a price-to-earnings ratio of 29.87, a PEG ratio of 2.45 and a beta of 0.74. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.96.

Air Products and Chemicals (NYSE:APD) last posted its 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. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue was up 8.8% compared to the same quarter last year. During the same period last year, the business posted $2.69 EPS. 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, sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share 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. Stockholders of record on Wednesday, July 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.

Analyst Upgrades and Downgrades

APD has been the subject of a number of research reports. Mizuho set a $345.00 price objective on Air Products and Chemicals in a research report on Friday, May 1st. Citigroup raised their price objective on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. BMO Capital Markets upgraded Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective for the company in a research report on Friday, May 1st. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. Finally, Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.12.

Insider Activity at Air Products and Chemicals

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals 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 transaction, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. Insiders own 1.88% of the company’s stock.

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.