Air Products and Chemicals, Inc. $APD Shares Sold by SevenBridge Financial Group LLC

SevenBridge Financial Group LLC reduced its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,545 shares of the basic materials company’s stock after selling 1,850 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Air Products and Chemicals were worth $2,758,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Air Products and Chemicals by 1.2% in the third quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock valued at $6,000,040,000 after purchasing an additional 260,904 shares during the period. Capital Research Global Investors raised its stake in shares of Air Products and Chemicals by 2.4% during the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock worth $3,209,068,000 after buying an additional 272,197 shares during the period. State Street Corp lifted its position in shares of Air Products and Chemicals by 1.9% during the 2nd quarter. State Street Corp now owns 9,452,914 shares of the basic materials company’s stock valued at $2,666,289,000 after buying an additional 180,056 shares in the last quarter. Capital International Investors grew its stake in Air Products and Chemicals by 7.4% in the 3rd quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after acquiring an additional 609,489 shares during the period. Finally, Dodge & Cox increased its holdings in Air Products and Chemicals by 0.7% in the 2nd quarter. Dodge & Cox now owns 8,821,400 shares of the basic materials company’s stock worth $2,488,164,000 after acquiring an additional 61,678 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Trading Up 0.9%

APD opened at $277.69 on Thursday. The firm has a market capitalization of $61.83 billion, a price-to-earnings ratio of -183.90, a price-to-earnings-growth ratio of 2.70 and a beta of 0.88. The company’s 50 day simple moving average is $271.76 and its two-hundred day simple moving average is $266.09. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $301.11. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the business earned $2.86 earnings per share. The business’s revenue 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. Analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be paid a $1.81 dividend. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is -474.17%.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the transaction, the director owned 93,499 shares in the company, valued at $26,573,350.79. The trade was a 42.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on APD shares. Jefferies Financial Group increased their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Argus cut their target price on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft set a $255.00 price target on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Wolfe Research reiterated an “outperform” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, December 8th. Finally, Wells Fargo & Company increased their target price on Air Products and Chemicals from $250.00 to $270.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $295.88.

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.