Crossmark Global Holdings Inc. Trims Holdings in Air Products and Chemicals, Inc. $APD

Crossmark Global Holdings Inc. lowered its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 5.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 32,234 shares of the basic materials company’s stock after selling 1,993 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Air Products and Chemicals were worth $8,791,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. YANKCOM Partnership increased its stake 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 valued at $791,000 after buying an additional 35 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in Air Products and Chemicals by 7.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 568 shares of the basic materials company’s stock worth $160,000 after acquiring an additional 37 shares during the period. Sage Capital Advisors llc boosted its holdings in Air Products and Chemicals by 0.3% in the third quarter. Sage Capital Advisors llc now owns 14,930 shares of the basic materials company’s stock valued at $4,072,000 after acquiring an additional 38 shares in the last quarter. Journey Strategic Wealth LLC boosted its holdings in Air Products and Chemicals by 3.7% in the third quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company’s stock valued at $296,000 after acquiring an additional 39 shares in the last quarter. Finally, Essex Financial Services Inc. increased its position in Air Products and Chemicals by 1.0% during the 3rd quarter. Essex Financial Services Inc. now owns 4,239 shares of the basic materials company’s stock valued at $1,156,000 after purchasing an additional 40 shares during the period. 81.66% of the stock is currently owned by institutional investors.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm’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 transaction, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Evercore decreased 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 report on Tuesday, November 11th. Weiss Ratings cut shares of Air Products and Chemicals from a “hold (c-)” rating to a “sell (d+)” rating in a research 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. Wells Fargo & Company raised their price objective on shares of Air Products and Chemicals from $250.00 to $270.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $282.00 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $295.88.

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $271.92 on Friday. The company has a 50 day simple moving average of $270.08 and a two-hundred day simple moving average of $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 market capitalization of $60.55 billion, a price-to-earnings ratio of -180.08, a P/E/G ratio of 2.71 and a beta of 0.88. 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 issued its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. During the same period in the previous year, the firm posted $2.86 EPS. The business’s revenue for the quarter 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. Analysts expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently announced 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 represents a $7.24 annualized dividend and a yield of 2.7%. This is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio 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.