14,747 Shares in Air Products and Chemicals, Inc. $APD Purchased by Leonteq Securities AG

Leonteq Securities AG bought a new position in Air Products and Chemicals, Inc. (NYSE:APDFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,747 shares of the basic materials company’s stock, valued at approximately $3,643,000.

Several other large investors also recently modified their holdings of the business. Pinkerton Wealth LLC grew its stake in shares of Air Products and Chemicals by 5.9% in the fourth quarter. Pinkerton Wealth LLC now owns 12,413 shares of the basic materials company’s stock worth $3,066,000 after purchasing an additional 695 shares during the last quarter. ABN Amro Investment Solutions lifted its holdings in Air Products and Chemicals by 29.1% in the fourth quarter. ABN Amro Investment Solutions now owns 27,373 shares of the basic materials company’s stock worth $6,762,000 after buying an additional 6,173 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in Air Products and Chemicals in the fourth quarter worth about $9,391,000. Handelsbanken Fonder AB lifted its holdings in Air Products and Chemicals by 6.0% in the fourth quarter. Handelsbanken Fonder AB now owns 89,517 shares of the basic materials company’s stock worth $22,112,000 after buying an additional 5,061 shares during the period. Finally, ProShare Advisors LLC lifted its holdings in Air Products and Chemicals by 10.9% in the fourth quarter. ProShare Advisors LLC now owns 670,374 shares of the basic materials company’s stock worth $165,596,000 after buying an additional 65,999 shares during the period. 81.66% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction that occurred 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 in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.88% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Mizuho set a $345.00 price objective on shares of Air Products and Chemicals in a report on Friday, May 1st. Bank of America raised their price objective on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $323.12.

Check Out Our Latest Analysis on APD

Air Products and Chemicals Price Performance

APD stock opened at $288.95 on Thursday. The firm has a 50 day moving average price of $293.85 and a 200-day moving average price of $272.88. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The firm has a market capitalization of $64.34 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 2.56 and a beta of 0.77. 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:APDGet Free Report) last released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period last year, the business earned $2.69 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. 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. Equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently 76.61%.

About Air Products and Chemicals

(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.

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Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

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