Armstrong Henry H Associates Inc. Decreases Holdings in Air Products and Chemicals, Inc. $APD

Armstrong Henry H Associates Inc. reduced its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 24.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,632 shares of the basic materials company’s stock after selling 16,497 shares during the quarter. Air Products and Chemicals accounts for about 1.1% of Armstrong Henry H Associates Inc.’s investment portfolio, making the stock its 9th largest holding. Armstrong Henry H Associates Inc.’s holdings in Air Products and Chemicals were worth $12,260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. YANKCOM Partnership grew its holdings in shares of Air Products and Chemicals by 1.3% during the 2nd quarter. YANKCOM Partnership now owns 2,805 shares of the basic materials company’s stock valued at $791,000 after purchasing an additional 35 shares during the last quarter. Sage Capital Advisors llc increased its position in shares of Air Products and Chemicals by 0.3% during the third quarter. Sage Capital Advisors llc now owns 14,930 shares of the basic materials company’s stock valued at $4,072,000 after buying an additional 38 shares during the period. Journey Strategic Wealth LLC grew its position in Air Products and Chemicals by 3.7% during the third quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company’s stock worth $296,000 after buying an additional 39 shares in the last quarter. Essex Financial Services Inc. increased its holdings in shares of Air Products and Chemicals by 1.0% in the third quarter. Essex Financial Services Inc. now owns 4,239 shares of the basic materials company’s stock worth $1,156,000 after buying an additional 40 shares during the period. Finally, Cape Investment Advisory Inc. raised its position in shares of Air Products and Chemicals by 1.1% in the 2nd quarter. Cape Investment Advisory Inc. now owns 3,611 shares of the basic materials company’s stock worth $1,019,000 after acquiring an additional 41 shares in the last quarter. 81.66% of the stock is currently owned by institutional investors.

Air Products and Chemicals Price Performance

NYSE APD opened at $280.86 on Friday. The company has a 50-day moving average price of $275.85 and a two-hundred day moving average price of $265.87. 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 $62.54 billion, a price-to-earnings ratio of -186.00, a price-to-earnings-growth ratio of 2.78 and a beta of 0.88. 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 posted its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter last year, the business posted $2.86 EPS. The company’s 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. Analysts forecast 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. Stockholders of record on Wednesday, April 1st will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. 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 is presently -474.17%.

Analyst Ratings Changes

A number of brokerages have commented on APD. Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $270.00 to $325.00 in a report on Friday, March 13th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings raised Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Mizuho dropped their price target on shares of Air Products and Chemicals from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 target price on Air Products and Chemicals in a research report on Wednesday, December 10th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average target price of $300.88.

Insiders Place Their Bets

In other news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction dated 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 completion of the transaction, the director directly 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 the SEC website. Insiders own 1.88% of the company’s stock.

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.