Air Products and Chemicals, Inc. $APD Shares Purchased by Triangle Securities Wealth Management

Posted by Stanley Muller on Oct 15th, 2026

Triangle Securities Wealth Management lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 75.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,260 shares of the basic materials company’s stock after buying an additional 2,260 shares during the quarter. Triangle Securities Wealth Management’s holdings in Air Products and Chemicals were worth $1,450,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. State Street Corp lifted its position in shares of Air Products and Chemicals by 277.4% in the 2nd quarter. State Street Corp now owns 38,161,451 shares of the basic materials company’s stock worth $10,597,451,000 after purchasing an additional 28,050,956 shares during the period. BlackRock Inc. bought a new position in shares of Air Products and Chemicals during the second quarter valued at $5,370,093,000. Bank of America Corp DE bought a new position in shares of Air Products and Chemicals during the second quarter valued at $1,216,976,000. Envestnet Asset Management Inc. boosted its position in shares of Air Products and Chemicals by 326.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,348,573 shares of the basic materials company’s stock valued at $927,010,000 after buying an additional 2,563,873 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Air Products and Chemicals in the 2nd quarter worth about $495,201,000. 81.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on APD. Barclays assumed coverage on Air Products and Chemicals in a research report on Monday. They issued an “overweight” rating and a $353.00 target price for the company. Mizuho lifted their price target on shares of 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. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price objective on shares of Air Products and Chemicals in a report on Monday, August 3rd. UBS Group lowered their price objective on shares of Air Products and Chemicals from $336.00 to $305.00 and set a “neutral” rating on the stock in a research report on Monday, October 5th. Finally, KeyCorp initiated coverage on shares of Air Products and Chemicals in a research report on Thursday, September 10th. They set a “sector weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $334.71.

Read Our Latest Stock Analysis on APD

Air Products and Chemicals Stock Up 1.2%

Shares of NYSE APD opened at $292.42 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 1.01. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The firm’s 50-day moving average price is $293.95 and its 200-day moving average price is $293.21. The stock has a market capitalization of $65.12 billion, a price-to-earnings ratio of -1,329.18, a P/E/G ratio of 2.72 and a beta of 0.76.

Air Products and Chemicals (NYSE:APD – Get Free Report) last released 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. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter last year, the business posted $3.09 earnings per share. The firm’s revenue 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. On average, equities research analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Air Products and Chemicals Company Profile

(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.