National Pension Service trimmed its stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 33.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 327,998 shares of the basic materials company’s stock after selling 167,870 shares during the period. National Pension Service owned approximately 0.15% of Air Products and Chemicals worth $81,022,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. Brighton Jones LLC lifted its stake in shares of Air Products and Chemicals by 14.5% during the 4th quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after acquiring an additional 412 shares during the last quarter. Bison Wealth LLC bought a new stake in shares of Air Products and Chemicals during the 4th quarter worth approximately $245,000. Sei Investments Co. lifted its stake in shares of Air Products and Chemicals by 197.6% during the 2nd quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock worth $79,498,000 after acquiring an additional 187,142 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in shares of Air Products and Chemicals by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock worth $29,271,000 after acquiring an additional 2,171 shares during the last quarter. Finally, Diversify Advisory Services LLC lifted its stake in shares of Air Products and Chemicals by 52.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after acquiring an additional 2,229 shares during the last quarter. 81.66% of the stock is owned by institutional investors.
Insider Activity
In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals 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 transaction, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.88% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on Air Products and Chemicals
Air Products and Chemicals Trading Down 1.9%
APD opened at $278.37 on Friday. The stock’s fifty day moving average is $294.21 and its two-hundred day moving average is $274.66. The company has a market capitalization of $61.99 billion, a P/E ratio of 29.46, a PEG ratio of 2.45 and a beta of 0.77. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $307.96. 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 (NYSE:APD – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals’s quarterly 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. Analysts forecast that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.
Air Products and Chemicals Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.
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.
Featured Articles
- Five stocks we like better than Air Products and Chemicals
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).
Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.
