23,330 Shares in Air Products and Chemicals, Inc. $APD Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 23,330 shares of the basic materials company’s stock, valued at approximately $6,777,000.

Other large investors have also bought and sold shares of the company. Platform Technology Partners increased its holdings in Air Products and Chemicals by 19.9% in the 1st quarter. Platform Technology Partners now owns 8,116 shares of the basic materials company’s stock worth $2,358,000 after buying an additional 1,346 shares in the last quarter. Eagle Bay Advisors LLC grew its holdings in shares of Air Products and Chemicals by 18.3% in the first quarter. Eagle Bay Advisors LLC now owns 2,174 shares of the basic materials company’s stock worth $632,000 after acquiring an additional 336 shares during the period. Livet Wealth LLC purchased a new stake in Air Products and Chemicals during the first quarter valued at $204,000. Mitchell & Pahl Private Wealth LLC grew its stake in shares of Air Products and Chemicals by 5.1% during the 1st quarter. Mitchell & Pahl Private Wealth LLC now owns 9,990 shares of the basic materials company’s stock valued at $2,902,000 after purchasing an additional 486 shares during the period. Finally, Petros Family Wealth LLC purchased a new position in shares of Air Products and Chemicals in the first quarter worth approximately $327,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Air Products and Chemicals Stock Down 0.2%

NYSE APD opened at $313.55 on Monday. The firm has a market capitalization of $69.82 billion, a price-to-earnings ratio of 33.18, a PEG ratio of 2.85 and a beta of 0.73. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.28. The company has a fifty day moving average of $290.10 and a two-hundred day moving average of $280.16. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same period in the prior year, the company posted $2.69 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. 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, analysts predict that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. Air Products and Chemicals’s payout ratio is presently 76.61%.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the transaction, the chief financial officer owned 14,212 shares of the company’s stock, valued at $4,317,037.12. This represents a 16.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.88% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on APD shares. Wells Fargo & Company upped their target price on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Bank of America boosted their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, May 4th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $344.00 price target on shares of Air Products and Chemicals in a report on Wednesday. Finally, UBS Group lifted their price objective on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $324.82.

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.