Baxter Bros Inc. Has $4.01 Million Position in Air Products and Chemicals, Inc. $APD

Baxter Bros Inc. cut its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 17.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,691 shares of the basic materials company’s stock after selling 3,188 shares during the quarter. Baxter Bros Inc.’s holdings in Air Products and Chemicals were worth $4,007,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in 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 valued at $945,000 after acquiring an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new stake in Air Products and Chemicals during the fourth quarter worth approximately $245,000. Wellington Management Group LLP increased its holdings in Air Products and Chemicals by 367.0% in the first quarter. Wellington Management Group LLP now owns 40,977 shares of the basic materials company’s stock worth $12,085,000 after purchasing an additional 32,202 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Air Products and Chemicals by 1.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 326,508 shares of the basic materials company’s stock valued at $96,294,000 after acquiring an additional 4,372 shares during the period. Finally, Compound Planning Inc. grew its holdings in Air Products and Chemicals by 5.4% in the first quarter. Compound Planning Inc. now owns 2,509 shares of the basic materials company’s stock worth $740,000 after purchasing an additional 128 shares during the period. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Up 2.0%

APD opened at $244.76 on Tuesday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $341.14. The company has a quick ratio of 1.20, a current ratio of 1.38 and a debt-to-equity ratio of 0.98. The company’s 50-day moving average price is $251.90 and its two-hundred day moving average price is $273.67. The stock has a market cap of $54.48 billion, a price-to-earnings ratio of -137.50, a PEG ratio of 2.36 and a beta of 0.85.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, November 6th. The basic materials company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.01. Air Products and Chemicals had a positive return on equity of 15.18% and a negative net margin of 3.28%.The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.18 billion. During the same period in the prior year, the company earned $3.56 earnings per share. Air Products and Chemicals’s revenue was down .6% compared to the same quarter last year. Air Products and Chemicals has set its Q1 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.79 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $7.16 annualized dividend and a yield of 2.9%. Air Products and Chemicals’s dividend payout ratio is -402.25%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Citigroup cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $300.00 to $245.00 in a research report on Monday, December 15th. Evercore ISI reduced their price target on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft set a $255.00 price objective on shares of Air Products and Chemicals in a report on Wednesday, December 10th. JPMorgan Chase & Co. lowered their target price on shares of Air Products and Chemicals from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Air Products and Chemicals in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Air Products and Chemicals has a consensus rating of “Moderate Buy” and an average price target of $292.47.

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.