Air Products and Chemicals, Inc. $APD Shares Bought by MGO One Seven LLC

MGO One Seven LLC increased its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 24.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,033 shares of the basic materials company’s stock after purchasing an additional 6,953 shares during the quarter. MGO One Seven LLC’s holdings in Air Products and Chemicals were worth $8,654,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Viking Global Investors LP acquired a new stake in shares of Air Products and Chemicals during the 2nd quarter valued at approximately $607,601,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company’s stock worth $281,258,000 after purchasing an additional 892,793 shares during the last quarter. Franklin Resources Inc. boosted its position in Air Products and Chemicals by 21.6% during the third quarter. Franklin Resources Inc. now owns 4,616,305 shares of the basic materials company’s stock worth $1,258,678,000 after purchasing an additional 821,524 shares in the last quarter. Capital International Investors increased its position in shares of Air Products and Chemicals by 7.4% in the third quarter. Capital International Investors now owns 8,870,013 shares of the basic materials company’s stock valued at $2,419,029,000 after buying an additional 609,489 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Air Products and Chemicals by 31.2% during the 3rd quarter. Invesco Ltd. now owns 1,880,652 shares of the basic materials company’s stock worth $512,891,000 after buying an additional 447,724 shares during the last quarter. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm’s 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 directly owned 93,499 shares in the company, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Up 0.2%

APD opened at $295.52 on Friday. The stock has a market capitalization of $65.81 billion, a price-to-earnings ratio of 31.27, a price-to-earnings-growth ratio of 2.59 and a beta of 0.77. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $307.29. 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 business has a 50-day moving average of $289.84 and a two-hundred day moving average of $270.03.

Air Products and Chemicals (NYSE:APD) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.07 billion. During the same period last year, the company earned $2.69 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. 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. On average, research analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

Analyst Ratings Changes

A number of brokerages have issued reports on APD. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a “buy” rating in a research report on Monday, April 20th. Bank of America lifted their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday. Finally, Citigroup boosted their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.12.

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.