Resources Management Corp CT ADV cut its position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 42.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,418 shares of the basic materials company’s stock after selling 4,062 shares during the period. Resources Management Corp CT ADV’s holdings in Air Products and Chemicals were worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Holos Integrated Wealth LLC purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth $25,000. Richardson Financial Services Inc. increased 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 in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth $25,000. Meeder Asset Management Inc. purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth $25,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth $26,000. 81.66% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were 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 trade represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.88% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Air Products and Chemicals
Air Products and Chemicals Stock Performance
APD opened at $281.69 on Monday. The stock has a market capitalization of $62.73 billion, a price-to-earnings ratio of 29.81, a PEG ratio of 2.47 and a beta of 0.74. The company has a fifty day moving average of $292.68 and a 200 day moving average of $276.41. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $307.96. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43.
Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the company posted $2.69 earnings per share. 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. As a group, sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 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.
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