44 Wealth Management LLC Acquires 2,172 Shares of Air Products and Chemicals, Inc. $APD

44 Wealth Management LLC boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 63.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 5,587 shares of the basic materials company’s stock after buying an additional 2,172 shares during the period. 44 Wealth Management LLC’s holdings in Air Products and Chemicals were worth $1,623,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Van Diest Capital LLC grew its holdings in shares of Air Products and Chemicals by 123.2% during the first quarter. Van Diest Capital LLC now owns 2,752 shares of the basic materials company’s stock worth $799,000 after buying an additional 1,519 shares in the last quarter. Lombard Odier Asset Management Switzerland SA grew its stake in shares of Air Products and Chemicals by 27.1% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 16,964 shares of the basic materials company’s stock worth $4,928,000 after acquiring an additional 3,620 shares in the last quarter. Waverly Advisors LLC raised its holdings in shares of Air Products and Chemicals by 3.1% in the first quarter. Waverly Advisors LLC now owns 32,003 shares of the basic materials company’s stock valued at $9,296,000 after purchasing an additional 977 shares during the last quarter. Aristotle Capital Management LLC boosted its holdings in Air Products and Chemicals by 0.5% during the first quarter. Aristotle Capital Management LLC now owns 2,683,883 shares of the basic materials company’s stock worth $779,665,000 after purchasing an additional 14,262 shares during the last quarter. Finally, FCA Corp TX grew its position in Air Products and Chemicals by 8.0% in the first quarter. FCA Corp TX now owns 4,645 shares of the basic materials company’s stock valued at $1,349,000 after purchasing an additional 345 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Mizuho set a $345.00 price target on shares of Air Products and Chemicals in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, May 4th. Bank of America lifted their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Morgan Stanley increased their price target on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Sanford C. Bernstein raised their price target on Air Products and Chemicals from $344.00 to $345.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $326.88.

Air Products and Chemicals Stock Up 1.5%

Air Products and Chemicals stock opened at $298.57 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company’s 50-day moving average is $289.26 and its 200-day moving average is $285.45. The firm has a market capitalization of $66.49 billion, a PE ratio of 31.59, a P/E/G ratio of 2.70 and a beta of 0.73. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business posted $2.69 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. Sell-side analysts anticipate that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently 76.61%.

Insider Buying and Selling at Air Products and Chemicals

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.88% of the company’s stock.

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.