44 Wealth Management LLC Sells 6,182 Shares of Air Products and Chemicals, Inc. $APD

44 Wealth Management LLC reduced its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 54.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,227 shares of the basic materials company’s stock after selling 6,182 shares during the quarter. 44 Wealth Management LLC’s holdings in Air Products and Chemicals were worth $1,426,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of APD. American Century Companies Inc. boosted its position in shares of Air Products and Chemicals by 10.4% in the 2nd quarter. American Century Companies Inc. now owns 57,639 shares of the basic materials company’s stock worth $16,258,000 after purchasing an additional 5,430 shares in the last quarter. Platform Technology Partners raised its position in Air Products and Chemicals by 683.0% during the 3rd quarter. Platform Technology Partners now owns 7,164 shares of the basic materials company’s stock worth $1,954,000 after buying an additional 6,249 shares during the last quarter. Swiss National Bank raised its holdings in shares of Air Products and Chemicals by 7.4% during the second quarter. Swiss National Bank now owns 673,400 shares of the basic materials company’s stock worth $189,939,000 after purchasing an additional 46,200 shares during the last quarter. Rockland Trust Co. lifted its holdings in shares of Air Products and Chemicals by 5.5% in the 3rd quarter. Rockland Trust Co. now owns 52,590 shares of the basic materials company’s stock valued at $14,342,000 after buying an additional 2,741 shares during the period. Finally, Barclays PLC lifted its holdings in Air Products and Chemicals by 16.4% in the third quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock valued at $215,356,000 after acquiring an additional 111,317 shares during the period. Institutional investors own 81.66% of the company’s stock.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the business’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 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of APD opened at $287.79 on Friday. The stock has a market cap of $64.08 billion, a PE ratio of -190.59, a price-to-earnings-growth ratio of 2.82 and a beta of 0.88. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals, Inc. has a 1-year low of $229.11 and a 1-year high of $301.11. The firm has a fifty day moving average price of $273.37 and a 200 day moving average price of $266.01.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (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 the consensus estimate of $3.05 billion. During the same quarter last year, the business posted $2.86 EPS. 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. As a group, sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders 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 is a positive change from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. Air Products and Chemicals’s payout ratio is presently -474.17%.

Analyst Ratings Changes

Several research firms have recently issued reports on APD. UBS Group increased their target price on shares of Air Products and Chemicals from $250.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. BMO Capital Markets reiterated a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Citigroup lifted their price objective on Air Products and Chemicals from $272.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Wall Street Zen upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Wolfe Research reiterated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, December 8th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $299.12.

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.