Longfellow Investment Management Co. LLC Purchases Shares of 35,346 Air Products and Chemicals, Inc. $APD

Posted by Geri Gentry on Aug 17th, 2026

Longfellow Investment Management Co. LLC purchased a new stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 35,346 shares of the basic materials company’s stock, valued at approximately $10,363,000. Air Products and Chemicals comprises 2.1% of Longfellow Investment Management Co. LLC’s investment portfolio, making the stock its 10th biggest holding.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Air Products and Chemicals by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock valued at $5,509,702,000 after buying an additional 303,944 shares during the last quarter. Capital International Investors lifted its holdings in shares of Air Products and Chemicals by 44.2% during the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after buying an additional 3,922,567 shares during the last quarter. Capital Research Global Investors boosted its position in shares of Air Products and Chemicals by 1.2% in the fourth quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock valued at $2,940,665,000 after acquiring an additional 137,595 shares during the period. State Street Corp grew its stake in shares of Air Products and Chemicals by 3.7% in the fourth quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock worth $2,448,340,000 after acquiring an additional 352,012 shares during the last quarter. Finally, Dodge & Cox grew its stake in shares of Air Products and Chemicals by 2.6% in the fourth quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock worth $2,281,627,000 after acquiring an additional 231,718 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Down 0.0%

Shares of APD stock opened at $308.86 on Monday. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $314.87. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a fifty day moving average price of $293.47 and a 200 day moving average price of $289.49. The stock has a market cap of $68.78 billion, a P/E ratio of -1,403.92, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the firm posted $3.09 EPS. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Analysts predict that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be paid a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.3%. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the subject of several research analyst reports. Mizuho upped their target price on shares of Air Products and Chemicals from $345.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price objective on the stock in a report on Friday, May 1st. Weiss Ratings lowered shares of Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the company a “buy” rating in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $332.76.

Get Our Latest Research Report on Air Products and Chemicals

Air Products and Chemicals 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.