New England Research & Management Inc. Purchases 15,718 Shares of Air Products and Chemicals, Inc. $APD

Posted by Stanley Muller on Oct 17th, 2026

New England Research & Management Inc. lifted its position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 676.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,043 shares of the basic materials company’s stock after purchasing an additional 15,718 shares during the period. Air Products and Chemicals comprises approximately 1.9% of New England Research & Management Inc.’s portfolio, making the stock its 11th largest position. New England Research & Management Inc.’s holdings in Air Products and Chemicals were worth $4,923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. S&CO Inc. purchased a new stake in Air Products and Chemicals in the 2nd quarter valued at approximately $27,733,000. Neville Rodie & Shaw Inc. raised its stake in shares of Air Products and Chemicals by 1,457.1% during the 3rd quarter. Neville Rodie & Shaw Inc. now owns 28,806 shares of the basic materials company’s stock worth $7,851,000 after buying an additional 26,956 shares in the last quarter. Park National Corp OH raised its stake in shares of Air Products and Chemicals by 66.7% during the 3rd quarter. Park National Corp OH now owns 24,538 shares of the basic materials company’s stock worth $6,761,000 after buying an additional 9,817 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Air Products and Chemicals by 26.7% in the 1st quarter. NewEdge Advisors LLC now owns 57,052 shares of the basic materials company’s stock valued at $16,573,000 after buying an additional 12,020 shares during the period. Finally, Rockland Trust Co. lifted its holdings in shares of Air Products and Chemicals by 7.0% in the 2nd quarter. Rockland Trust Co. now owns 65,322 shares of the basic materials company’s stock valued at $19,151,000 after buying an additional 4,279 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock traded up $2.60 during mid-day trading on Friday, reaching $299.19. The company had a trading volume of 1,215,730 shares, compared to its average volume of 1,153,743. The stock’s 50-day simple moving average is $293.80 and its 200-day simple moving average is $293.28. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 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 company has a market capitalization of $66.63 billion, a P/E ratio of -1,359.98, a P/E/G ratio of 2.79 and a beta of 0.76.

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 EPS for the quarter, topping the consensus estimate of $3.34 by $0.13. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.09 EPS. 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. On average, equities analysts predict that Air Products and Chemicals, Inc. will post 13.46 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on APD. Argus lifted their price target on Air Products and Chemicals from $316.00 to $329.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Mizuho increased their price objective on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $320.00 target price on shares of Air Products and Chemicals in a report on Monday, August 3rd. Morgan Stanley set a $320.00 target price on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Finally, KeyCorp started coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They set a “sector weight” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Air Products and Chemicals presently has an average rating of “Moderate Buy” and an average price target of $333.88.

Get Our Latest Stock Analysis on Air Products and Chemicals

About Air Products and Chemicals

(Free Report)

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.