87,995 Shares in Air Products and Chemicals, Inc. $APD Acquired by Summitry LLC

Summitry LLC bought a new stake in Air Products and Chemicals, Inc. (NYSE:APD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 87,995 shares of the basic materials company’s stock, valued at approximately $25,562,000.

Other large investors also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. increased its stake in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of Air Products and Chemicals in the 4th quarter valued at $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Air Products and Chemicals in the 1st quarter valued at $25,000. Meeder Asset Management Inc. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Air Products and Chemicals in the fourth quarter worth $25,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Down 1.5%

Air Products and Chemicals stock opened at $295.74 on Friday. The firm has a market cap of $65.86 billion, a price-to-earnings ratio of -1,344.27, a P/E/G ratio of 2.68 and a beta of 0.73. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 1.21. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The firm has a fifty day moving average price of $289.73 and a two-hundred day moving average price of $286.69.

Air Products and Chemicals (NYSE:APD) last released 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 during the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.09 earnings per share. 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. As a group, analysts forecast that Air Products and Chemicals, Inc. will post 13.44 earnings per share 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. Shareholders of record on Thursday, October 1st will be issued a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio (DPR) is 76.61%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APD shares. Mizuho raised their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company upped their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the company a “buy” rating in a report on Monday, April 20th. 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, Morgan Stanley upped their target price on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $331.76.

Key Headlines Impacting Air Products and Chemicals

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Air Products reported fiscal Q3 adjusted EPS of $3.47, above the roughly $3.34–$3.36 analyst consensus, as higher on-site volumes, pricing and favorable currency effects supported results. Adjusted operating income reached $810 million. Air Products Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $13.39–$13.49 from its prior outlook and issued fourth-quarter guidance of $3.55–$3.65, both above consensus expectations. UBS lifted its price target to $336 while maintaining a neutral rating, and Mizuho raised its target to $355 with an outperform rating. Air Products Stock Surges After Strong Profit Growth, Raised Guidance
• Neutral Sentiment: Air Products is reducing fiscal 2026 capital expenditures to approximately $3.5 billion and is refocusing its project portfolio after exiting the Louisiana Clean Energy Complex, an Arizona liquid-hydrogen facility and other smaller clean-energy projects. The company also finalized a renewable-ammonia marketing agreement tied to the NEOM Green Hydrogen Project. Air Products Projects Fiscal 2026 EPS While Cutting Capital Expenditures
• Negative Sentiment: Revenue of $3.16 billion missed the $3.20 billion estimate, despite increasing 4.6% year over year. More significantly, GAAP results showed a $6.47 loss per share and a $2.1 billion operating loss, driven by charges related to project and asset actions, creating a major headline risk and likely contributing to the stock’s decline after its initial earnings-related strength. Air Products Swings to Third-Quarter Loss After Project Exits

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.