Azzad Asset Management Inc. ADV Buys 2,937 Shares of Air Products and Chemicals, Inc. $APD

Azzad Asset Management Inc. ADV increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 20.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,598 shares of the basic materials company’s stock after acquiring an additional 2,937 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Air Products and Chemicals were worth $4,347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sage Capital Advisors llc lifted its stake in shares of Air Products and Chemicals by 0.3% in the 3rd 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 during the last quarter. Journey Strategic Wealth LLC lifted its stake in shares of Air Products and Chemicals by 3.7% in the 3rd 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 during the last quarter. Essex Financial Services Inc. lifted its stake in shares of Air Products and Chemicals by 1.0% in 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 acquiring an additional 40 shares during the last quarter. Cape Investment Advisory Inc. increased its holdings in Air Products and Chemicals by 1.1% during the 2nd quarter. Cape Investment Advisory Inc. now owns 3,611 shares of the basic materials company’s stock valued at $1,019,000 after purchasing an additional 41 shares during the period. Finally, Schear Investment Advisers LLC increased its holdings in Air Products and Chemicals by 1.1% during the 3rd quarter. Schear Investment Advisers LLC now owns 3,944 shares of the basic materials company’s stock valued at $1,076,000 after purchasing an additional 41 shares during the period. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $293.83 on Tuesday. 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 company has a market capitalization of $65.43 billion, a P/E ratio of -194.59, a PEG ratio of 2.88 and a beta of 0.80. The stock’s 50 day moving average is $281.53 and its 200 day moving average is $265.54. 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 posted its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter 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, equities research analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. Air Products and Chemicals’s dividend payout ratio (DPR) is currently -479.47%.

Analyst Ratings Changes

APD has been the topic of a number of research analyst reports. UBS Group boosted their price target on Air Products and Chemicals from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Jefferies Financial Group boosted their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Weiss Ratings upgraded Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. Wells Fargo & Company upgraded Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $270.00 to $325.00 in a report on Friday, March 13th. Finally, Citigroup boosted their price target on Air Products and Chemicals from $272.00 to $285.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and an average price target of $300.88.

Insider Buying and Selling at Air Products and Chemicals

In related 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 value of $19,944,436.75. Following the sale, the director owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by insiders.

Air Products and Chemicals Company 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.