Air Products and Chemicals, Inc. $APD Shares Sold by Founders Capital Management

Founders Capital Management reduced its position in Air Products and Chemicals, Inc. (NYSE:APD) by 38.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,861 shares of the basic materials company’s stock after selling 7,429 shares during the period. Air Products and Chemicals accounts for about 1.5% of Founders Capital Management’s portfolio, making the stock its 18th biggest position. Founders Capital Management’s holdings in Air Products and Chemicals were worth $2,930,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Air Products and Chemicals by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 22,000,734 shares of the basic materials company’s stock worth $6,000,040,000 after purchasing an additional 260,904 shares in the last quarter. Capital Research Global Investors increased its position in Air Products and Chemicals by 2.4% during the 3rd quarter. Capital Research Global Investors now owns 11,766,942 shares of the basic materials company’s stock valued at $3,209,068,000 after buying an additional 272,197 shares in the last quarter. State Street Corp raised its stake in Air Products and Chemicals by 1.1% in the third quarter. State Street Corp now owns 9,559,492 shares of the basic materials company’s stock valued at $2,607,065,000 after buying an additional 106,578 shares during the last quarter. Dodge & Cox raised its stake in Air Products and Chemicals by 2.1% in the third quarter. Dodge & Cox now owns 9,004,892 shares of the basic materials company’s stock valued at $2,455,814,000 after buying an additional 183,492 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Air Products and Chemicals by 7.4% in the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock worth $2,419,029,000 after acquiring an additional 609,489 shares in the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on APD. UBS Group boosted their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research note on Wednesday, December 10th. JPMorgan Chase & Co. raised shares of Air Products and Chemicals from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $280.00 to $310.00 in a research report on Friday, March 20th. Sanford C. Bernstein restated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, February 2nd. Finally, Mizuho lowered their price objective on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Thursday, December 18th. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $300.88.

Insider Activity

In related news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the transaction, the director owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.88% of the stock is currently owned by company insiders.

Air Products and Chemicals Trading Down 0.4%

Shares of NYSE:APD opened at $290.30 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $301.11. The stock has a market cap of $64.64 billion, a price-to-earnings ratio of -192.25, a PEG ratio of 2.86 and a beta of 0.88. The business has a 50-day moving average price of $279.13 and a 200-day moving average price of $265.45.

Air Products and Chemicals (NYSE:APD) last issued 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. 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 quarter in the prior year, the firm earned $2.86 earnings per share. Air Products and Chemicals’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. Equities analysts predict 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. Stockholders of record on Wednesday, April 1st will be paid a $1.81 dividend. The ex-dividend date is Wednesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.5%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -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.