Barclays PLC Buys 111,317 Shares of Air Products and Chemicals, Inc. $APD

Barclays PLC increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 16.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 789,659 shares of the basic materials company’s stock after buying an additional 111,317 shares during the period. Barclays PLC’s holdings in Air Products and Chemicals were worth $215,356,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in APD. Brighton Jones LLC increased its position in shares of Air Products and Chemicals by 14.5% during the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares during the period. Bison Wealth LLC purchased a new stake in shares of Air Products and Chemicals in the fourth quarter valued at approximately $245,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of Air Products and Chemicals by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock valued at $160,000 after purchasing an additional 37 shares during the period. Atlantic Union Bankshares Corp grew its stake in Air Products and Chemicals by 354.7% in the second quarter. Atlantic Union Bankshares Corp now owns 23,433 shares of the basic materials company’s stock worth $6,610,000 after purchasing an additional 18,279 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its holdings in Air Products and Chemicals by 3.0% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 80,203 shares of the basic materials company’s stock worth $22,627,000 after purchasing an additional 2,302 shares during the period. 81.66% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the transaction, the director directly owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.88% of the stock is currently owned by company insiders.

Air Products and Chemicals Trading Down 1.6%

APD opened at $271.92 on Friday. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $318.66. The stock has a fifty day moving average price of $270.08 and a 200-day moving average price of $266.65. The firm has a market cap of $60.55 billion, a price-to-earnings ratio of -180.08, a PEG ratio of 2.71 and a beta of 0.88. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97.

Air Products and Chemicals (NYSE:APD) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.86 earnings per share. 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. As a group, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend 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 dividend on an annualized basis and a yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is currently -474.17%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on Air Products and Chemicals from $250.00 to $270.00 and gave the company an “equal weight” rating in a research report on Monday, February 2nd. Citigroup raised their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price objective for the company in a report on Thursday, January 8th. 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 note on Monday, February 2nd. Finally, Mizuho cut their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Thursday, December 18th. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $295.88.

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.