Patrick Mauro Investment Advisor INC. Has $3.50 Million Stock Position in Air Products and Chemicals, Inc. $APD

Patrick Mauro Investment Advisor INC. boosted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 310.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,831 shares of the basic materials company’s stock after acquiring an additional 9,705 shares during the quarter. Air Products and Chemicals accounts for about 1.8% of Patrick Mauro Investment Advisor INC.’s investment portfolio, making the stock its 20th largest holding. Patrick Mauro Investment Advisor INC.’s holdings in Air Products and Chemicals were worth $3,499,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after purchasing an additional 412 shares in the last quarter. Bison Wealth LLC acquired a new stake in shares of Air Products and Chemicals during the 4th quarter valued at about $245,000. AE Wealth Management LLC lifted its holdings in shares of Air Products and Chemicals by 45.3% during the 2nd quarter. AE Wealth Management LLC now owns 2,449 shares of the basic materials company’s stock valued at $691,000 after buying an additional 763 shares during the last quarter. Allworth Financial LP grew its stake in shares of Air Products and Chemicals by 58.7% in the 2nd quarter. Allworth Financial LP now owns 4,949 shares of the basic materials company’s stock valued at $1,396,000 after buying an additional 1,830 shares in the last quarter. Finally, Vise Technologies Inc. acquired a new position in Air Products and Chemicals in the second quarter worth approximately $969,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.9%

APD opened at $287.79 on Friday. The firm has a market cap of $64.08 billion, a P/E ratio of -190.59, a price-to-earnings-growth ratio of 2.85 and a beta of 0.88. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. The business has a 50 day moving average price of $273.37 and a 200 day moving average price of $266.21. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $301.11.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the company posted $2.86 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, April 1st. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is -474.17%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on APD shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. JPMorgan Chase & Co. increased their price target on shares of Air Products and Chemicals from $260.00 to $280.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $270.00 to $325.00 in a research note on Friday. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $282.00 price objective on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $299.12.

Insider Buying and Selling

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the transaction, the director owned 93,499 shares in the company, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.88% of the stock is owned by company insiders.

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.