Baker Tilly Wealth Management LLC Purchases 2,305 Shares of Air Products and Chemicals, Inc. $APD

Baker Tilly Wealth Management LLC lifted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 86.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,977 shares of the basic materials company’s stock after acquiring an additional 2,305 shares during the period. Baker Tilly Wealth Management LLC’s holdings in Air Products and Chemicals were worth $1,229,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. O Keefe Stevens Advisory Inc. increased its holdings in shares of Air Products and Chemicals by 2.6% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 4,243 shares of the basic materials company’s stock worth $1,048,000 after purchasing an additional 106 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its holdings in shares of Air Products and Chemicals by 2.4% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 3,156 shares of the basic materials company’s stock valued at $780,000 after purchasing an additional 75 shares in the last quarter. Peoples Bank KS purchased a new stake in shares of Air Products and Chemicals during the fourth quarter valued at $200,000. Gryphon Financial Partners LLC boosted its position in shares of Air Products and Chemicals by 12.3% during the fourth quarter. Gryphon Financial Partners LLC now owns 940 shares of the basic materials company’s stock valued at $232,000 after buying an additional 103 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in Air Products and Chemicals by 3.3% in the 4th quarter. Nordea Investment Management AB now owns 21,970 shares of the basic materials company’s stock worth $5,464,000 after buying an additional 709 shares in the last quarter. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals 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 transaction, the director directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $280.86 on Monday. 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 capitalization of $62.54 billion, a PE ratio of -186.00, a price-to-earnings-growth ratio of 2.75 and a beta of 0.88. The firm’s 50 day moving average price is $275.85 and its 200-day moving average price is $265.50. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $301.11.

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

Air Products and Chemicals Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be issued a $1.81 dividend. 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 2.6%. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s payout ratio is -474.17%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Bank of America upgraded shares of Air Products and Chemicals from an “underperform” rating to a “neutral” rating and set a $275.00 target price on the stock in a research note on Thursday, January 8th. Mizuho decreased their price objective on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Thursday, December 18th. BMO Capital Markets restated 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. Wolfe Research restated an “outperform” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, December 8th. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 target price on shares of Air Products and Chemicals in a research report on Wednesday, December 10th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $300.88.

About Air Products and Chemicals

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.