Air Products and Chemicals, Inc. $APD Shares Bought by Legacy Private Trust Co.

Posted by George Bondi on Oct 6th, 2026

Legacy Private Trust Co. raised its holdings in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 1,319.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,217 shares of the basic materials company’s stock after purchasing an additional 40,173 shares during the period. Air Products and Chemicals comprises 0.6% of Legacy Private Trust Co.’s holdings, making the stock its 26th largest position. Legacy Private Trust Co.’s holdings in Air Products and Chemicals were worth $11,779,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Evolution Wealth Management Inc. acquired a new stake in Air Products and Chemicals in the 1st quarter valued at $25,000. Fiduciary Financial Advisors acquired a new position in Air Products and Chemicals during the second quarter worth $25,000. Main Street Group LTD purchased a new position in Air Products and Chemicals during the first quarter valued at $27,000. Cornerstone Planning Group LLC grew its position in shares of Air Products and Chemicals by 318.2% in the first quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 70 shares during the period. Finally, Bayban purchased a new stake in shares of Air Products and Chemicals during the fourth quarter worth about $32,000. 81.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APD has been the topic of a number of research reports. Wells Fargo & Company raised their price target on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Evercore reissued an “outperform” rating and set a $342.00 target price on shares of Air Products and Chemicals in a report on Friday, July 10th. Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a research note on Monday, August 3rd. Sanford C. Bernstein reiterated an “outperform” rating and set a $373.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 31st. Finally, KeyCorp assumed coverage on Air Products and Chemicals in a research note on Thursday, September 10th. They issued a “sector weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $334.69.

Check Out Our Latest Report on Air Products and Chemicals

Air Products and Chemicals Trading Up 1.0%

NYSE APD traded up $2.76 on Tuesday, reaching $282.21. 266,223 shares of the company were exchanged, compared to its average volume of 1,286,668. 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 business’s fifty day moving average price is $295.61 and its 200 day moving average price is $293.30. The stock has a market capitalization of $62.84 billion, a P/E ratio of -1,282.39, a price-to-earnings-growth ratio of 2.61 and a beta of 0.76. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $314.87.

Air Products and Chemicals (NYSE:APD – Get Free Report) last posted 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% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Analysts forecast that Air Products and Chemicals, Inc. will post 13.46 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, November 9th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.81 per share. 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 2.6%. Air Products and Chemicals’s payout ratio is -3,290.91%.

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.