Berry Wealth Group LP Decreases Stake in Air Products and Chemicals, Inc. $APD

Berry Wealth Group LP decreased its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 87.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,111 shares of the basic materials company’s stock after selling 7,787 shares during the quarter. Air Products and Chemicals comprises approximately 1.0% of Berry Wealth Group LP’s portfolio, making the stock its 23rd biggest holding. Berry Wealth Group LP’s holdings in Air Products and Chemicals were worth $303,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. LOM Asset Management Ltd lifted its stake in shares of Air Products and Chemicals by 6.9% in the third quarter. LOM Asset Management Ltd now owns 2,783 shares of the basic materials company’s stock valued at $759,000 after purchasing an additional 180 shares during the period. Barclays PLC lifted its position in shares of Air Products and Chemicals by 16.4% during the 3rd quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock valued at $215,356,000 after acquiring an additional 111,317 shares during the period. Smith Moore & CO. boosted its stake in shares of Air Products and Chemicals by 2.2% during the 3rd quarter. Smith Moore & CO. now owns 2,831 shares of the basic materials company’s stock worth $772,000 after acquiring an additional 61 shares in the last quarter. IFG Advisory LLC grew its holdings in shares of Air Products and Chemicals by 12.5% in the 3rd quarter. IFG Advisory LLC now owns 10,988 shares of the basic materials company’s stock worth $2,997,000 after acquiring an additional 1,219 shares during the period. Finally, Skba Capital Management LLC increased its stake in Air Products and Chemicals by 9.4% in the 3rd quarter. Skba Capital Management LLC now owns 52,062 shares of the basic materials company’s stock valued at $14,198,000 after purchasing an additional 4,470 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Weiss Ratings lowered Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 13th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Mizuho cut their target price on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Thursday, December 18th. BMO Capital Markets reiterated a “market perform” rating and issued a $282.00 price target on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Finally, Evercore dropped their price objective on shares of Air Products and Chemicals from $375.00 to $325.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $295.88.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $276.26 on Friday. The stock has a fifty day moving average price of $269.59 and a 200 day moving average price of $266.77. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $318.66. The firm has a market capitalization of $61.51 billion, a P/E ratio of -182.95, a PEG ratio of 2.69 and a beta of 0.88. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS 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 quarter in the previous year, the business earned $2.86 EPS. The firm’s 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. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be issued a $1.81 dividend. This is a boost from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is -474.17%.

Insider Activity

In other news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.88% of the stock is owned by corporate insiders.

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.