7,124 Air Products and Chemicals, Inc. $APD Shares Purchased by Bath Savings Trust Co

Bath Savings Trust Co raised its position in Air Products and Chemicals, Inc. (NYSE:APD) by 203.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,619 shares of the basic materials company’s stock after buying an additional 7,124 shares during the period. Bath Savings Trust Co’s holdings in Air Products and Chemicals were worth $2,911,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in APD. Evolution Wealth Management Inc. bought a new position in shares of Air Products and Chemicals in the first quarter valued at approximately $25,000. Fiduciary Financial Advisors bought a new stake in Air Products and Chemicals during the 2nd quarter worth approximately $25,000. Main Street Group LTD acquired a new stake in Air Products and Chemicals during the 1st quarter valued at $27,000. Cornerstone Planning Group LLC raised its position in Air Products and Chemicals by 318.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares during the last quarter. Finally, Bayban bought a new position in Air Products and Chemicals in the 4th quarter valued at $32,000. 81.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on APD shares. Mizuho increased their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Wells Fargo & Company upped their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Citigroup lowered their price objective on shares of Air Products and Chemicals from $330.00 to $312.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $373.00 target price on shares of Air Products and Chemicals in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $333.56.

Air Products and Chemicals Trading Down 1.1%

Shares of NYSE APD traded down $3.09 during midday trading on Wednesday, hitting $277.91. The stock had a trading volume of 948,429 shares, compared to its average volume of 1,287,796. The firm has a market cap of $61.89 billion, a P/E ratio of -1,263.21, a price-to-earnings-growth ratio of 2.63 and a beta of 0.76. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The company’s 50-day simple moving average is $295.36 and its 200 day simple moving average is $293.30.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates 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%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Research analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

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 $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -3,290.91%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.