Boston Family Office LLC Decreases Stock Position in Air Products and Chemicals, Inc. $APD

Boston Family Office LLC lessened its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 10.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 72,926 shares of the basic materials company’s stock after selling 8,625 shares during the quarter. Air Products and Chemicals makes up approximately 1.1% of Boston Family Office LLC’s investment portfolio, making the stock its 28th biggest holding. Boston Family Office LLC’s holdings in Air Products and Chemicals were worth $18,014,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the business. Holos Integrated Wealth LLC bought a new position in shares of Air Products and Chemicals during the 4th quarter worth $25,000. Richardson Financial Services Inc. raised its stake in shares of Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals in the fourth quarter worth about $25,000. Meeder Asset Management Inc. purchased a new position in shares of Air Products and Chemicals in the fourth quarter worth about $25,000. Finally, Financial Life Planners purchased a new position in shares of Air Products and Chemicals in the third quarter worth about $30,000. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 1.3%

Shares of NYSE APD opened at $281.69 on Friday. The stock has a market cap of $62.73 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 2.44 and a beta of 0.74. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The business has a 50-day moving average price of $292.68 and a 200 day moving average price of $276.27.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same period in the prior year, the firm earned $2.69 EPS. The business’s 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. Equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is 76.61%.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Morgan Stanley lifted 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. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $338.00 to $341.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings raised Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, May 4th. Finally, Wells Fargo & Company upped their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.12.

Insider Activity

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company 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.