Barclays PLC Acquires 111,317 Shares of Air Products and Chemicals, Inc. $APD

Barclays PLC grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 16.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 789,659 shares of the basic materials company’s stock after buying an additional 111,317 shares during the period. Barclays PLC owned 0.35% of Air Products and Chemicals worth $215,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of APD. Traub Capital Management LLC purchased a new stake in Air Products and Chemicals in the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Air Products and Chemicals in the second quarter worth about $28,000. Abound Wealth Management increased its holdings in shares of Air Products and Chemicals by 292.3% in the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 76 shares during the last quarter. Caitlin John LLC purchased a new stake in shares of Air Products and Chemicals in the third quarter worth about $30,000. Finally, Cloud Capital Management LLC bought a new position in Air Products and Chemicals during the third quarter valued at approximately $34,000. 81.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 93,499 shares of the company’s stock, valued at approximately $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.88% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APD shares. Bank of America upgraded Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 price target for the company in a report on Thursday, January 8th. UBS Group increased their target price on Air Products and Chemicals from $250.00 to $285.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Wolfe Research reissued an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, December 8th. Argus decreased their price target on shares of Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $295.88.

Air Products and Chemicals Stock Performance

NYSE:APD opened at $271.92 on Friday. The firm has a market capitalization of $60.55 billion, a PE ratio of -180.08, a PEG ratio of 2.71 and a beta of 0.88. The stock’s fifty day moving average is $270.08 and its 200 day moving average is $266.65. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $318.66. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46.

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, topping the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same period in the previous year, the firm earned $2.86 earnings per share. Air Products and Chemicals’s quarterly revenue was up 5.8% compared to the same quarter last year. 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, sell-side 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a $1.81 dividend. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is currently -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.