Winthrop Partners WNY LLC Invests $1.31 Million in Air Products and Chemicals, Inc. $APD

Winthrop Partners WNY LLC bought a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,291 shares of the basic materials company’s stock, valued at approximately $1,307,000.

Several other institutional investors have also added to or reduced their stakes in APD. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals in the 4th quarter worth approximately $25,000. Richardson Financial Services Inc. increased its position in Air Products and Chemicals by 3,233.3% in the fourth 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 during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Air Products and Chemicals during the fourth quarter valued at $25,000. Meeder Asset Management Inc. bought a new position in Air Products and Chemicals during the fourth quarter valued at $25,000. Finally, Mcguire Capital Advisors Inc. bought a new position in Air Products and Chemicals during the fourth quarter valued at $25,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Down 0.1%

APD stock opened at $280.05 on Friday. 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 $291.38 and its 200 day moving average is $277.04. The company has a market capitalization of $62.36 billion, a PE ratio of 29.63, a P/E/G ratio of 2.46 and a beta of 0.74. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $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, research analysts anticipate that Air Products and Chemicals, Inc. will post 13.23 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, August 10th. Investors of record on Wednesday, July 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is 76.19%.

Insider Buying and Selling at Air Products and Chemicals

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction on 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 approximately $4,317,037.12. This trade represents a 16.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.88% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on APD. Morgan Stanley boosted their target price on shares of 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. BMO Capital Markets raised Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a research note on Friday, May 1st. Bank of America upped their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Wells Fargo & Company lifted their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Mizuho set a $345.00 target price on Air Products and Chemicals 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 issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $323.12.

About Air Products and Chemicals

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.