Jones Financial Companies Lllp Reduces Stock Holdings in Air Products and Chemicals, Inc. $APD

Posted by Brian Himes on Aug 25th, 2026

Jones Financial Companies Lllp trimmed its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 15.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 112,931 shares of the basic materials company’s stock after selling 19,918 shares during the quarter. Jones Financial Companies Lllp’s holdings in Air Products and Chemicals were worth $31,375,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. BlackRock Inc. bought a new stake in Air Products and Chemicals during the second quarter valued at about $5,370,093,000. Norges Bank bought a new stake in shares of Air Products and Chemicals during the 4th quarter valued at $1,063,906,000. Capital International Investors lifted its stake in shares of Air Products and Chemicals by 44.2% during the 4th quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after buying an additional 3,922,567 shares in the last quarter. Viking Global Investors LP bought a new position in Air Products and Chemicals in the 2nd quarter worth $607,601,000. Finally, Bank of New York Mellon Corp bought a new position in Air Products and Chemicals in the 2nd quarter worth $495,201,000. Institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APD. Mizuho upped their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Evercore restated an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a research report on Friday, July 10th. Citigroup lifted their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Weiss Ratings cut Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $332.76.

View Our Latest Research Report on APD

Air Products and Chemicals Trading Up 0.3%

Shares of APD opened at $306.14 on Tuesday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. The company’s fifty day simple moving average is $296.28 and its 200-day simple moving average is $291.09. The company has a market cap of $68.17 billion, a P/E ratio of -1,391.54, a P/E/G ratio of 2.65 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. During the same period in the prior year, the company posted $3.09 EPS. The firm’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. As a group, analysts expect that Air Products and Chemicals, Inc. will post 13.45 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 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 2.4%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s payout ratio is currently -3,290.91%.

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.