6,845 Shares in Air Products and Chemicals, Inc. $APD Acquired by Meadowbrook Advisors Group LLC

Meadowbrook Advisors Group LLC bought a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,845 shares of the basic materials company’s stock, valued at approximately $1,691,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Air Products and Chemicals during the 4th quarter valued at $1,063,906,000. Capital International Investors increased its stake in shares of Air Products and Chemicals by 44.2% in the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after purchasing an additional 3,922,567 shares in the last quarter. Viking Global Investors LP purchased a new position in Air Products and Chemicals during the second quarter valued at $607,601,000. Clearbridge Investments LLC lifted its position in Air Products and Chemicals by 70.2% during the fourth quarter. Clearbridge Investments LLC now owns 2,694,659 shares of the basic materials company’s stock valued at $665,609,000 after purchasing an additional 1,111,378 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock valued at $281,258,000 after purchasing an additional 892,793 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Price Performance

NYSE:APD opened at $280.05 on Friday. The business’s 50-day simple moving average is $291.38 and its two-hundred day simple moving average is $277.04. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $307.96. The stock has a market cap of $62.36 billion, a PE ratio of 29.63, a P/E/G ratio of 2.46 and a beta of 0.74. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the company posted $2.69 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. 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, analysts forecast that Air Products and Chemicals, Inc. will post 13.23 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

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

Insiders Place Their Bets

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 shares were sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.88% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on APD. Wells Fargo & Company raised their price objective on Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Royal Bank Of Canada boosted their price objective on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Citigroup increased their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. JPMorgan Chase & Co. raised their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a “buy” rating in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $323.12.

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.