Air Products and Chemicals, Inc. $APD Shares Bought by Exeter Financial LLC

Exeter Financial LLC lifted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 30.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,557 shares of the basic materials company’s stock after acquiring an additional 1,999 shares during the period. Exeter Financial LLC’s holdings in Air Products and Chemicals were worth $2,486,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of APD. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals in the 4th quarter valued at about $25,000. Richardson Financial Services Inc. grew its position in Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in Air Products and Chemicals in the 4th quarter worth about $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insiders Place Their Bets

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.88% of the company’s stock.

Air Products and Chemicals Trading Up 8.0%

Shares of NYSE:APD opened at $293.00 on Wednesday. The stock has a market capitalization of $65.25 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 2.38 and a beta of 0.74. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $307.96. The company has a 50 day moving average price of $289.18 and a 200 day moving average price of $278.74. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. On average, research analysts anticipate that Air Products and Chemicals, Inc. will post 13.23 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be given a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. 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 76.61%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on APD shares. Berenberg Bank set a $350.00 price objective on Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. Morgan Stanley increased their price objective on Air Products and Chemicals from $290.00 to $310.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Royal Bank Of Canada boosted their price target on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Citigroup increased their price target on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. One equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $323.12.

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.