Howe & Rusling Inc. Purchases Shares of 20,776 Air Products and Chemicals, Inc. $APD

Howe & Rusling Inc. acquired a new position in Air Products and Chemicals, Inc. (NYSE:APD) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 20,776 shares of the basic materials company’s stock, valued at approximately $5,666,000.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in Air Products and Chemicals by 14.5% in the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock valued at $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC bought a new stake in Air Products and Chemicals during the 4th quarter valued at $245,000. Valeo Financial Advisors LLC boosted its position in Air Products and Chemicals by 17.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,468 shares of the basic materials company’s stock valued at $978,000 after buying an additional 511 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in Air Products and Chemicals by 10.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 5,319 shares of the basic materials company’s stock worth $1,500,000 after acquiring an additional 499 shares during the last quarter. Finally, SteelPeak Wealth LLC purchased a new position in shares of Air Products and Chemicals in the second quarter valued at about $2,552,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

APD has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective on the stock in a research report on Thursday, January 8th. BMO Capital Markets restated a “market perform” rating and set a $282.00 target price on shares of Air Products and Chemicals in a report on Monday. Mizuho cut their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, December 18th. Finally, Wells Fargo & Company boosted their price objective on shares of Air Products and Chemicals from $250.00 to $270.00 and gave the company an “equal weight” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $295.88.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $286.48 on Thursday. The business’s fifty day moving average is $255.63 and its 200 day moving average is $268.14. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The stock has a market cap of $63.79 billion, a price-to-earnings ratio of -189.72, a PEG ratio of 2.72 and a beta of 0.87. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $336.64.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.12. The firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.86 EPS. 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. Research 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 firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. 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 (DPR) is -474.17%.

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.