Rep. Richard McCormick Purchases Shares of Air Products and Chemicals, Inc. (NYSE:APD)

Representative Richard McCormick (R-Georgia) recently bought shares of Air Products and Chemicals, Inc. (NYSE:APD). In a filing disclosed on December 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Air Products and Chemicals stock on November 5th.

Representative Richard McCormick also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Realty Income (NYSE:O) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/5/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 11/5/2025.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $236.30 on Thursday. The business has a fifty day simple moving average of $255.57 and a 200 day simple moving average of $275.52. The company has a market cap of $52.60 billion, a P/E ratio of -132.75, a P/E/G ratio of 2.27 and a beta of 0.86. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $341.14.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, November 6th. The basic materials company reported $3.39 EPS for the quarter, topping the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the previous year, the firm earned $3.56 earnings per share. The business’s quarterly revenue was down .6% on a year-over-year basis. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. On average, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 dividend on an annualized basis and a dividend yield of 3.0%. Air Products and Chemicals’s payout ratio is -402.25%.

Institutional Investors Weigh In On Air Products and Chemicals

A number of institutional investors have recently modified their holdings of APD. Saudi Central Bank acquired a new stake in Air Products and Chemicals during the 1st quarter worth about $26,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Air Products and Chemicals during the 2nd quarter worth approximately $28,000. Traub Capital Management LLC bought a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $28,000. Abound Wealth Management lifted its position in shares of Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 76 shares during the period. Finally, Westside Investment Management Inc. boosted its stake in Air Products and Chemicals by 228.1% during the second quarter. Westside Investment Management Inc. now owns 105 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. 81.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on APD. Sanford C. Bernstein restated an “outperform” rating on shares of Air Products and Chemicals in a research report on Tuesday. Argus upgraded Air Products and Chemicals from a “hold” rating to a “buy” rating in a research report on Friday, September 12th. Royal Bank Of Canada dropped their target price on Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating for the company in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Air Products and Chemicals in a research note on Thursday, December 4th. Finally, UBS Group decreased their price target on shares of Air Products and Chemicals from $350.00 to $310.00 and set a “buy” rating for the company in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and an average target price of $309.64.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia’s 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 7th Congressional District. He declared candidacy for the 2026 election.

Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick’s career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

About Air Products and Chemicals

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.