Founders Capital Management Reduces Stock Position in Air Products and Chemicals, Inc. $APD

Founders Capital Management lessened its holdings in Air Products and Chemicals, Inc. (NYSE:APD) by 38.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,861 shares of the basic materials company’s stock after selling 7,429 shares during the quarter. Air Products and Chemicals makes up 1.5% of Founders Capital Management’s holdings, making the stock its 18th largest holding. Founders Capital Management’s holdings in Air Products and Chemicals were worth $2,930,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Twin Peaks Wealth Advisors LLC bought a new position in shares of Air Products and Chemicals in the second quarter worth about $28,000. Holos Integrated Wealth LLC bought a new stake in Air Products and Chemicals during the 4th quarter valued at about $25,000. Abound Wealth Management lifted its holdings in Air Products and Chemicals by 292.3% during the 3rd quarter. Abound Wealth Management now owns 102 shares of the basic materials company’s stock valued at $28,000 after buying an additional 76 shares in the last quarter. Financial Life Planners purchased a new stake in Air Products and Chemicals in the 3rd quarter valued at about $30,000. Finally, Caitlin John LLC bought a new position in Air Products and Chemicals in the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

NYSE APD opened at $290.30 on Wednesday. The company has a market cap of $64.64 billion, a PE ratio of -192.25, a P/E/G ratio of 2.86 and a beta of 0.88. The firm’s 50 day moving average price is $279.13 and its 200-day moving average price is $265.45. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.23 and a current ratio of 1.46. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $301.11.

Air Products and Chemicals (NYSE:APD) last issued 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. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate 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%. Air Products and Chemicals’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.86 earnings per share. 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. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current fiscal year.

Air Products and Chemicals Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 11th. Investors of record on Wednesday, April 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. Air Products and Chemicals’s dividend payout ratio is -474.17%.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction dated 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 transaction, the director owned 93,499 shares in the company, valued at $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 available at the SEC website. 1.88% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

APD has been the subject of several research analyst reports. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Argus dropped their price objective on Air Products and Chemicals from $317.00 to $265.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. BMO Capital Markets reaffirmed a “market perform” rating and set a $282.00 target price on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Wells Fargo & Company upgraded Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $270.00 to $325.00 in a report on Friday, March 13th. Finally, Deutsche Bank Aktiengesellschaft set a $255.00 price target on Air Products and Chemicals in a research report on Wednesday, December 10th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average 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.