Air Products and Chemicals, Inc. $APD Shares Sold by Forum Financial Management LP

Forum Financial Management LP decreased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 43.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,361 shares of the basic materials company’s stock after selling 2,611 shares during the quarter. Forum Financial Management LP’s holdings in Air Products and Chemicals were worth $976,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Air Products and Chemicals by 14.5% during the fourth quarter. Brighton Jones LLC now owns 3,260 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 412 shares during the last quarter. Bison Wealth LLC acquired a new stake in Air Products and Chemicals in the fourth quarter valued at $245,000. Sei Investments Co. increased its position in shares of Air Products and Chemicals by 197.6% in the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after buying an additional 187,142 shares in the last quarter. Treasurer of the State of North Carolina increased its position in shares of Air Products and Chemicals by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 103,777 shares of the basic materials company’s stock valued at $29,271,000 after buying an additional 2,171 shares in the last quarter. Finally, Diversify Advisory Services LLC raised its stake in shares of Air Products and Chemicals by 52.5% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock worth $1,873,000 after buying an additional 2,229 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Activity

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s 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 sale, the chief financial officer 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Down 2.2%

APD opened at $271.73 on Tuesday. The firm has a market cap of $60.51 billion, a P/E ratio of 28.75, a PEG ratio of 2.43 and a beta of 0.74. The business’s fifty day simple moving average is $289.15 and its 200 day simple moving average is $278.34. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $307.96. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.06 by $0.14. The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company 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 research analysts anticipate that Air Products and Chemicals, Inc. will post 13.23 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.7%. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, May 4th. Bank of America lifted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Mizuho set a $345.00 price target on shares of Air Products and Chemicals in a report on Friday, May 1st. BMO Capital Markets upgraded shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research report on Friday, May 1st. Finally, Weiss Ratings raised shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $323.12.

Air Products and Chemicals Company Profile

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.