Air Products and Chemicals, Inc. $APD Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lessened its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 19.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,612 shares of the basic materials company’s stock after selling 1,808 shares during the period. E. Ohman J or Asset Management AB’s holdings in Air Products and Chemicals were worth $1,880,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Avanza Fonder AB bought a new position in Air Products and Chemicals in the fourth quarter worth about $217,000. Somerset Trust Co grew its holdings in shares of Air Products and Chemicals by 1.5% during the fourth quarter. Somerset Trust Co now owns 13,168 shares of the basic materials company’s stock valued at $3,253,000 after purchasing an additional 194 shares during the last quarter. Clear Trail Advisors LLC acquired a new stake in shares of Air Products and Chemicals during the 4th quarter worth approximately $3,991,000. SG Americas Securities LLC lifted its holdings in shares of Air Products and Chemicals by 7.2% in the 4th quarter. SG Americas Securities LLC now owns 42,624 shares of the basic materials company’s stock worth $10,529,000 after purchasing an additional 2,858 shares during the last quarter. Finally, Independence Wealth Advisors LLC acquired a new position in Air Products and Chemicals during the 4th quarter valued at approximately $221,000. Institutional investors own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

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 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. This trade represents a 42.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on APD shares. Wolfe Research restated an “outperform” rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research note on Monday, December 8th. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Wells Fargo & Company upgraded shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $270.00 to $325.00 in a research report on Friday, March 13th. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. Finally, UBS Group lifted their price objective on shares of 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. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus price target of $300.88.

Air Products and Chemicals Stock Up 2.8%

Air Products and Chemicals stock opened at $286.52 on Wednesday. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $301.11. The stock has a market cap of $63.80 billion, a price-to-earnings ratio of -189.75, a PEG ratio of 2.73 and a beta of 0.88. The company’s 50-day moving average price is $276.49 and its two-hundred day moving average price is $265.40. 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 issued its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $3.04 by $0.12. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.86 EPS. 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 expect that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. This is a positive change 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 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.