United Asset Strategies Inc. Raises Stock Holdings in Air Products and Chemicals, Inc. $APD

United Asset Strategies Inc. grew its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 504.7% in the first quarter, Holdings Channel reports. The fund owned 26,504 shares of the basic materials company’s stock after buying an additional 22,121 shares during the quarter. United Asset Strategies Inc.’s holdings in Air Products and Chemicals were worth $7,699,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in Air Products and Chemicals during the first quarter valued at $25,000. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the 4th quarter valued at $25,000. Richardson Financial Services Inc. lifted 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 buying an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Finally, Meeder Asset Management Inc. purchased a new position in Air Products and Chemicals during the fourth quarter worth $25,000. Institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on APD shares. UBS Group increased their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Royal Bank Of Canada increased their price objective on shares of Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One investment 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.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average price target of $324.82.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’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 completion of the sale, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.88% of the stock is owned by company insiders.

Air Products and Chemicals Stock Down 0.1%

NYSE APD traded down $0.29 on Tuesday, reaching $308.57. 175,118 shares of the stock traded hands, compared to its average volume of 1,385,787. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The company has a fifty day moving average price of $290.10 and a 200-day moving average price of $280.16. The company has a market cap of $68.71 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 2.85 and a beta of 0.73. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $314.87.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter in the prior year, the company earned $2.69 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. 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, research analysts forecast that Air Products and Chemicals, Inc. will post 13.22 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.61%.

Air Products and Chemicals 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.