Jensen Investment Management Inc. Decreases Stock Holdings in Air Products and Chemicals, Inc. $APD

Jensen Investment Management Inc. lessened its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 28.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,032 shares of the basic materials company’s stock after selling 3,608 shares during the period. Jensen Investment Management Inc.’s holdings in Air Products and Chemicals were worth $2,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Meadow Creek Wealth Advisors LLC raised its stake in shares of Air Products and Chemicals by 1.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 2,276 shares of the basic materials company’s stock worth $642,000 after acquiring an additional 35 shares in the last quarter. YANKCOM Partnership increased its position in shares of Air Products and Chemicals by 1.3% during the second quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock worth $791,000 after purchasing an additional 35 shares in the last quarter. Atlatl Advisers LLC lifted its holdings in shares of Air Products and Chemicals by 2.5% during the 2nd quarter. Atlatl Advisers LLC now owns 1,488 shares of the basic materials company’s stock valued at $420,000 after purchasing an additional 37 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Air Products and Chemicals by 7.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after purchasing an additional 37 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC grew its stake in Air Products and Chemicals by 0.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 5,272 shares of the basic materials company’s stock worth $1,487,000 after buying an additional 38 shares during the last quarter. 81.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on APD shares. UBS Group raised their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a report 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. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 30th. Evercore decreased 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 report on Tuesday, November 11th. Finally, Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $295.88.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $290.92 on Wednesday. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $321.47. The company has a quick ratio of 1.23, a current ratio of 1.46 and a debt-to-equity ratio of 0.97. The stock has a market cap of $64.78 billion, a PE ratio of -192.66, a price-to-earnings-growth ratio of 2.81 and a beta of 0.87. The business has a 50-day simple moving average of $257.75 and a 200-day simple moving average of $267.61.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same period last year, the business earned $2.86 earnings per share. Air Products and Chemicals’s quarterly revenue 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. On average, equities analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

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

Air Products and Chemicals 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.