Chesley Taft & Associates LLC Has $5.27 Million Stock Position in Air Products and Chemicals, Inc. $APD

Chesley Taft & Associates LLC cut its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,351 shares of the basic materials company’s stock after selling 2,174 shares during the period. Chesley Taft & Associates LLC’s holdings in Air Products and Chemicals were worth $5,274,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Holos Integrated Wealth LLC bought a new stake in shares of Air Products and Chemicals during the fourth quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Air Products and Chemicals in the second quarter valued at approximately $28,000. Abound Wealth Management grew its holdings in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 76 shares during the period. Caitlin John LLC acquired a new stake in Air Products and Chemicals during the 3rd quarter worth $30,000. Finally, Financial Life Planners bought a new stake in shares of Air Products and Chemicals during the 3rd quarter valued at $30,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

APD opened at $292.39 on Friday. The stock has a market cap of $65.10 billion, a P/E ratio of -193.63, a P/E/G ratio of 2.86 and a beta of 0.88. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $301.11. 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 company has a fifty day simple moving average of $278.00 and a 200 day simple moving average of $265.64.

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 for the quarter, topping the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the company posted $2.86 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. On average, research analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is presently -474.17%.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.88% of the company’s stock.

Analyst Ratings Changes

APD has been the topic of several recent research reports. Citigroup raised their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on Air Products and Chemicals in a report on Wednesday, December 10th. Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Sanford C. Bernstein restated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Finally, Bank of America raised Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target for the company in a research note on Thursday, January 8th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Air Products and Chemicals has a consensus rating of “Moderate Buy” and a consensus target price of $300.88.

Air Products and Chemicals Company 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.