Loudon Investment Management LLC Has $892,000 Stock Position in Air Products and Chemicals, Inc. $APD

Loudon Investment Management LLC cut its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 54.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,271 shares of the basic materials company’s stock after selling 3,852 shares during the period. Loudon Investment Management LLC’s holdings in Air Products and Chemicals were worth $892,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV raised its stake in shares of Air Products and Chemicals by 19.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 31,105 shares of the basic materials company’s stock worth $8,483,000 after purchasing an additional 5,037 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Air Products and Chemicals during the third quarter worth $13,167,000. L2 Asset Management LLC grew its holdings in Air Products and Chemicals by 4.8% during the third quarter. L2 Asset Management LLC now owns 1,023 shares of the basic materials company’s stock worth $279,000 after buying an additional 47 shares in the last quarter. Lido Advisors LLC raised its position in Air Products and Chemicals by 1.4% in the 3rd quarter. Lido Advisors LLC now owns 17,279 shares of the basic materials company’s stock valued at $4,713,000 after buying an additional 231 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in Air Products and Chemicals by 8.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 3,458 shares of the basic materials company’s stock valued at $943,000 after acquiring an additional 271 shares in the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.5%

Shares of NYSE APD opened at $289.39 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. The stock has a market capitalization of $64.44 billion, a PE ratio of -191.65, a P/E/G ratio of 2.82 and a beta of 0.88. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $301.11. The business’s fifty day moving average price is $274.08 and its 200-day moving average price is $265.77.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the firm posted $2.86 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. On average, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

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

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the sale, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.88% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. UBS Group lifted their price objective on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. BMO Capital Markets reissued a “market perform” rating and set a $282.00 price target on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Sanford C. Bernstein restated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. Jefferies Financial Group upped their price objective on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, Wolfe Research reissued an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, December 8th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Air Products and Chemicals presently has an average rating of “Moderate Buy” and a consensus target price of $299.12.

About Air Products and Chemicals

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.