Trust Co. of Vermont Takes Position in Air Products and Chemicals, Inc. $APD

Trust Co. of Vermont purchased a new position in Air Products and Chemicals, Inc. (NYSE:APD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 42,758 shares of the basic materials company’s stock, valued at approximately $12,536,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC increased its stake in shares of Air Products and Chemicals by 2.2% during the fourth quarter. Cary Street Partners Financial LLC now owns 1,616 shares of the basic materials company’s stock worth $399,000 after purchasing an additional 35 shares in the last quarter. Revisor Wealth Management LLC boosted its holdings in Air Products and Chemicals by 0.8% in the 1st quarter. Revisor Wealth Management LLC now owns 4,545 shares of the basic materials company’s stock worth $1,320,000 after buying an additional 36 shares during the last quarter. StoneX Group Inc. increased its stake in Air Products and Chemicals by 1.3% during the 4th quarter. StoneX Group Inc. now owns 2,787 shares of the basic materials company’s stock worth $688,000 after buying an additional 36 shares in the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of Air Products and Chemicals by 6.1% in the fourth quarter. CYBER HORNET ETFs LLC now owns 642 shares of the basic materials company’s stock valued at $159,000 after acquiring an additional 37 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft boosted its stake in shares of Air Products and Chemicals by 0.7% in the first quarter. Baader Bank Aktiengesellschaft now owns 5,053 shares of the basic materials company’s stock worth $1,463,000 after acquiring an additional 37 shares during the last quarter. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $300.68 on Tuesday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The company has a market cap of $66.96 billion, a price-to-earnings ratio of -1,366.73, a PEG ratio of 2.68 and a beta of 0.73. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.92 and a current ratio of 1.08. The business’s 50 day moving average price is $293.96 and its 200 day moving average price is $289.79.

Air Products and Chemicals (NYSE:APD) last issued its 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. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.20 billion. During the same period in the prior year, the business earned $3.09 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. 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. On average, research analysts predict that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be issued a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is currently -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the subject of several research reports. JPMorgan Chase & Co. boosted their price target on Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Bank of America lifted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Evercore reaffirmed an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a report on Friday, July 10th. UBS Group raised their price target on shares of Air Products and Chemicals from $330.00 to $336.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Moderate Buy” and an average target price of $332.76.

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.