Air Products and Chemicals, Inc. $APD Shares Acquired by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,299,299 shares of the basic materials company’s stock after buying an additional 21,479 shares during the period. Air Products and Chemicals makes up 2.0% of Barrow Hanley Mewhinney & Strauss LLC’s portfolio, making the stock its 10th biggest position. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.03% of Air Products and Chemicals worth $627,065,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Traub Capital Management LLC bought a new stake in shares of Air Products and Chemicals in the 2nd quarter valued at $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Air Products and Chemicals in the second quarter valued at about $28,000. Abound Wealth Management grew its stake in 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 valued at $28,000 after acquiring an additional 76 shares during the period. Caitlin John LLC bought a new stake in shares of Air Products and Chemicals in the third quarter worth about $30,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Air Products and Chemicals during the third quarter worth about $34,000. 81.66% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction on Thursday, February 12th. The shares were 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 in the company, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.88% of the stock is owned by corporate insiders.

Air Products and Chemicals Stock Up 0.3%

Shares of APD opened at $275.19 on Wednesday. The firm has a market cap of $61.27 billion, a P/E ratio of -182.24, a price-to-earnings-growth ratio of 2.69 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, Inc. has a 52 week low of $229.11 and a 52 week high of $304.63. The firm’s 50-day simple moving average is $271.15 and its 200 day simple moving average is $266.01.

Air Products and Chemicals (NYSE:APDGet Free Report) last released its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $3.05 billion. During the same period in the prior year, the firm posted $2.86 EPS. 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, analysts forecast 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 declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -474.17%.

Analyst Ratings Changes

Several equities research analysts recently commented on APD shares. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Mizuho cut their price target on Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, December 18th. Argus cut their price target on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Citigroup increased their price objective on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. lifted their target price on Air Products and Chemicals from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.88.

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Air Products and Chemicals Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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