Air Products and Chemicals, Inc. $APD Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 31.0% in the first quarter, Holdings Channel.com reports. The fund owned 277,219 shares of the basic materials company’s stock after buying an additional 65,593 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Air Products and Chemicals were worth $80,530,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of APD. Cary Street Partners Financial LLC increased its position in Air Products and Chemicals by 2.2% during the 4th quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after purchasing an additional 35 shares in the last quarter. StoneX Group Inc. lifted its position in Air Products and Chemicals by 1.3% during the fourth quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after buying an additional 36 shares in the last quarter. CYBER HORNET ETFs LLC grew its stake in Air Products and Chemicals by 6.1% during the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock worth $159,000 after buying an additional 37 shares during the period. Dakota Community Bank & Trust NA increased its position in shares of Air Products and Chemicals by 5.3% in the fourth quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company’s stock worth $187,000 after acquiring an additional 38 shares in the last quarter. Finally, Journey Strategic Wealth LLC increased its position in shares of Air Products and Chemicals by 3.7% in the third quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company’s stock worth $296,000 after acquiring an additional 39 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction that occurred 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 sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.88% of the stock is currently owned by company insiders.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $277.95 on Friday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $307.96. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a market capitalization of $61.89 billion, a price-to-earnings ratio of 29.41, a price-to-earnings-growth ratio of 2.43 and a beta of 0.74. The firm’s fifty day moving average price is $289.66 and its 200 day moving average price is $277.75.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the company 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, research analysts forecast that Air Products and Chemicals, Inc. will post 13.23 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Analyst Ratings Changes

Several research firms recently weighed in on APD. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, May 4th. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a research note on Monday, April 20th. Mizuho set a $345.00 target price on Air Products and Chemicals in a research report on Friday, May 1st. Finally, Citigroup boosted their price target 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. One equities 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $323.12.

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.