Tulsa Wealth Advisors INC Takes Position in Air Products and Chemicals, Inc. $APD

Tulsa Wealth Advisors INC acquired a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the fourth quarter, HoldingsChannel reports. The fund acquired 18,862 shares of the basic materials company’s stock, valued at approximately $4,659,000. Air Products and Chemicals makes up approximately 1.5% of Tulsa Wealth Advisors INC’s investment portfolio, making the stock its 20th biggest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Reflection Asset Management bought a new stake in shares of Air Products and Chemicals in the 4th quarter worth approximately $53,000. Arwa LLC bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at $383,000. MidFirst Bank bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at $1,570,000. River Road Asset Management LLC purchased a new position in Air Products and Chemicals in the 4th quarter worth $10,643,000. Finally, Lynch Investment Planning LLC bought a new stake in Air Products and Chemicals in the fourth quarter worth $345,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $280.05 on Friday. The firm has a market cap of $62.36 billion, a PE ratio of 29.63, a price-to-earnings-growth ratio of 2.46 and a beta of 0.74. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $307.96. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The company’s fifty day simple moving average is $291.38 and its two-hundred day simple moving average is $277.04.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.06 by $0.14. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.69 earnings per share. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 13.23 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is currently 76.19%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on APD. Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a “buy” rating in a research report on Monday, April 20th. Wells Fargo & Company boosted their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Mizuho set a $345.00 target price on Air Products and Chemicals in a report on Friday, May 1st. Royal Bank Of Canada raised their price target on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $323.12.

Insider Buying and Selling

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the sale, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.88% of the stock is owned by 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.