Air Products and Chemicals, Inc. $APD Shares Bought by Rockland Trust Co.

Rockland Trust Co. grew its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,590 shares of the basic materials company’s stock after purchasing an additional 2,741 shares during the quarter. Rockland Trust Co.’s holdings in Air Products and Chemicals were worth $14,342,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in APD. Brighton Jones LLC raised its holdings in Air Products and Chemicals by 14.5% in the 4th 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 in the 4th quarter worth about $245,000. Aberdeen Group plc grew its holdings in Air Products and Chemicals by 4.1% in the 2nd quarter. Aberdeen Group plc now owns 113,027 shares of the basic materials company’s stock valued at $31,903,000 after buying an additional 4,492 shares during the period. Concurrent Investment Advisors LLC raised its stake in Air Products and Chemicals by 1.7% during the second quarter. Concurrent Investment Advisors LLC now owns 14,843 shares of the basic materials company’s stock worth $4,187,000 after purchasing an additional 251 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Air Products and Chemicals by 14.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 30,566 shares of the basic materials company’s stock valued at $8,624,000 after purchasing an additional 3,769 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on APD shares. Mizuho dropped their price objective on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Thursday, December 18th. Citigroup raised their price target on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Air Products and Chemicals from $260.00 to $280.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Royal Bank Of Canada cut their target price on shares of Air Products and Chemicals from $350.00 to $325.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $295.88.

Air Products and Chemicals Stock Up 1.2%

APD stock opened at $286.41 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The firm has a 50 day simple moving average of $257.07 and a 200-day simple moving average of $267.67. The company has a market capitalization of $63.77 billion, a P/E ratio of -189.67, a PEG ratio of 2.77 and a beta of 0.87. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $321.47.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings data 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. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.86 EPS. 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, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

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

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.