Vivid Wealth Management LLC Acquires Shares of 9,352 Air Products and Chemicals, Inc. $APD

Vivid Wealth Management LLC acquired a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,352 shares of the basic materials company’s stock, valued at approximately $2,717,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cary Street Partners Financial LLC lifted its position in shares of Air Products and Chemicals by 2.2% during the fourth 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 during the last quarter. StoneX Group Inc. increased its holdings in Air Products and Chemicals by 1.3% in 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 during the last quarter. CYBER HORNET ETFs LLC raised 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 valued at $159,000 after buying an additional 37 shares in the last quarter. Dakota Community Bank & Trust NA raised its stake in Air Products and Chemicals by 5.3% during the fourth quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company’s stock valued at $187,000 after buying an additional 38 shares in the last quarter. Finally, Hunter Associates Investment Management LLC lifted its holdings in Air Products and Chemicals by 2.9% during the 4th quarter. Hunter Associates Investment Management LLC now owns 1,423 shares of the basic materials company’s stock worth $353,000 after buying an additional 40 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $313.55 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The business has a 50 day moving average of $290.10 and a two-hundred day moving average of $279.91. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.28. The company has a market cap of $69.82 billion, a P/E ratio of 33.18, a PEG ratio of 2.85 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, analysts anticipate that Air Products and Chemicals, Inc. will post 13.22 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given 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 2.3%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.

Insiders Place Their Bets

In other Air Products and Chemicals 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 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 trade represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.88% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on APD. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Morgan Stanley raised their price objective on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. BMO Capital Markets raised shares of 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 report on Friday, May 1st. Citigroup boosted their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Finally, UBS Group increased their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. One investment 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $324.82.

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.