Gabelli Funds LLC Sells 3,242 Shares of Air Products and Chemicals, Inc. $APD

Posted by Geri Gentry on Jul 30th, 2026

Gabelli Funds LLC reduced its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 32.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,643 shares of the basic materials company’s stock after selling 3,242 shares during the quarter. Gabelli Funds LLC’s holdings in Air Products and Chemicals were worth $1,930,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in APD. Richardson Financial Services Inc. boosted its stake in Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 97 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Air Products and Chemicals during the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. purchased a new stake in shares of Air Products and Chemicals in the first quarter worth approximately $25,000. Meeder Asset Management Inc. purchased a new stake in shares of Air Products and Chemicals in the fourth quarter worth approximately $25,000. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Air Products and Chemicals in the fourth quarter valued at approximately $25,000. 81.66% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Mizuho set a $345.00 price target on Air Products and Chemicals in a report on Friday, May 1st. UBS Group raised their price objective on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. 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 note on Monday, April 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a report on Friday, May 1st. 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, Air Products and Chemicals currently has an average rating of “Moderate Buy” and a consensus price target of $326.88.

Check Out Our Latest Research Report on APD

Insider Transactions at Air Products and Chemicals

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction 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 sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.88% of the stock is owned by company insiders.

Air Products and Chemicals Price Performance

Shares of NYSE APD opened at $294.96 on Thursday. The company has a market capitalization of $65.68 billion, a PE ratio of 31.21, a PEG ratio of 2.66 and a beta of 0.73. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The stock’s 50 day moving average price is $289.40 and its 200-day moving average price is $286.38. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. The company had revenue of $3.17 billion during 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 revenue was up 8.8% on a year-over-year basis. During the same period last year, the business posted $2.69 earnings per share. On average, equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.22 EPS for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio is 76.61%.

Air Products and Chemicals Company Profile

(Free Report)

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.