Bontempo Ohly Capital Mgmt LLC Takes $5.35 Million Position in Air Products and Chemicals, Inc. $APD

Bontempo Ohly Capital Mgmt LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,258 shares of the basic materials company’s stock, valued at approximately $5,353,000. Air Products and Chemicals comprises about 2.3% of Bontempo Ohly Capital Mgmt LLC’s investment portfolio, making the stock its 8th largest holding.

Several other hedge funds have also added to or reduced their stakes in APD. Cary Street Partners Financial LLC boosted its position in 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 valued at $399,000 after buying an additional 35 shares during the period. Gamco Investors INC. ET AL increased its holdings in shares of Air Products and Chemicals by 0.9% in the second quarter. Gamco Investors INC. ET AL now owns 3,911 shares of the basic materials company’s stock worth $1,147,000 after buying an additional 35 shares during the period. Revisor Wealth Management LLC increased its holdings in shares of Air Products and Chemicals by 0.8% in the first quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after buying an additional 36 shares during the period. StoneX Group Inc. lifted its stake in shares of Air Products and Chemicals by 1.3% in the 4th quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock valued at $688,000 after acquiring an additional 36 shares during the last quarter. Finally, CYBER HORNET ETFs LLC lifted its stake in shares of Air Products and Chemicals by 6.1% in the 4th quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock valued at $159,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Mizuho boosted their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Citigroup increased their price objective on Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Evercore restated an “outperform” rating and issued a $342.00 target price on shares of Air Products and Chemicals in a report on Friday, July 10th. Finally, BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 target price on the stock in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $332.76.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $307.33 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The firm has a market cap of $68.44 billion, a P/E ratio of -1,396.95, a P/E/G ratio of 2.64 and a beta of 0.73. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $314.87. The firm has a 50-day moving average of $297.27 and a 200-day moving average of $291.38.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.Air Products and Chemicals’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is -3,290.91%.

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.