Wealthquest Corp bought a new position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,357 shares of the basic materials company’s stock, valued at approximately $829,000.
Several other large investors have also added to or reduced their stakes in APD. Rockland Trust Co. raised its position in Air Products and Chemicals by 8.2% in the 4th quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock valued at $14,058,000 after buying an additional 4,319 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Air Products and Chemicals by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock worth $121,909,000 after acquiring an additional 23,760 shares during the last quarter. Barclays PLC grew its stake in shares of Air Products and Chemicals by 16.4% in the 3rd quarter. Barclays PLC now owns 789,659 shares of the basic materials company’s stock worth $215,356,000 after acquiring an additional 111,317 shares in the last quarter. Mather Group LLC. grew its stake in shares of Air Products and Chemicals by 11.5% in the 4th quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock worth $14,197,000 after acquiring an additional 5,909 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Air Products and Chemicals by 0.9% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company’s stock valued at $627,065,000 after purchasing an additional 21,479 shares during the last quarter. Institutional investors own 81.66% of the company’s stock.
Insider Activity
In other Air Products and Chemicals news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.88% of the stock is currently owned by insiders.
Analyst Ratings Changes
Get Our Latest Research Report on Air Products and Chemicals
Air Products and Chemicals Stock Down 0.1%
APD opened at $289.13 on Monday. 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 has a market cap of $64.38 billion, a price-to-earnings ratio of 30.60, a PEG ratio of 2.54 and a beta of 0.77. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.96. The company’s 50-day moving average price is $294.38 and its two-hundred day moving average price is $273.56.
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 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.69 EPS. 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. As a group, equities analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current year.
Air Products and Chemicals Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be given a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.
About Air Products and Chemicals
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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