Morton Brown Family Wealth LLC Acquires 2,652 Shares of Air Products and Chemicals, Inc. $APD

Morton Brown Family Wealth LLC lifted its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 777.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,993 shares of the basic materials company’s stock after purchasing an additional 2,652 shares during the period. Morton Brown Family Wealth LLC’s holdings in Air Products and Chemicals were worth $739,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in APD. Brighton Jones LLC lifted its stake in shares of 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 valued at $945,000 after acquiring an additional 412 shares during the period. Bison Wealth LLC acquired a new position in shares of Air Products and Chemicals during the fourth quarter valued at $245,000. Sei Investments Co. lifted its stake in shares of Air Products and Chemicals by 197.6% during the second quarter. Sei Investments Co. now owns 281,861 shares of the basic materials company’s stock valued at $79,498,000 after acquiring an additional 187,142 shares during the period. Treasurer of the State of North Carolina lifted its stake in shares of Air Products and Chemicals by 2.1% during 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 acquiring an additional 2,171 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of Air Products and Chemicals by 52.5% during the second quarter. Diversify Advisory Services LLC now owns 6,474 shares of the basic materials company’s stock valued at $1,873,000 after acquiring an additional 2,229 shares during the period. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Stock Up 0.6%

Shares of Air Products and Chemicals stock opened at $296.58 on Thursday. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $301.25. The business has a 50-day moving average of $286.26 and a two-hundred day moving average of $267.46. The company has a market capitalization of $66.04 billion, a P/E ratio of -196.41, a price-to-earnings-growth ratio of 2.88 and a beta of 0.80. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $3.05 billion. During the same period in the prior year, the company earned $2.86 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. As a group, equities analysts predict that Air Products and Chemicals, Inc. will post 13.03 EPS for the current year.

Air Products and Chemicals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Wednesday, April 1st will be issued a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. This is an increase from Air Products and Chemicals’s previous quarterly dividend of $1.79. The ex-dividend date is Wednesday, April 1st. Air Products and Chemicals’s dividend payout ratio is currently -479.47%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on APD shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised Air Products and Chemicals from a “neutral” rating to an “overweight” rating and increased their target price for the company from $280.00 to $310.00 in a research note on Friday, March 20th. Wall Street Zen raised Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Bank of America increased their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $282.00 target price on shares of Air Products and Chemicals in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $308.06.

Insider Activity

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.88% of the stock is owned by company insiders.

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.