Insider Selling: Air Products and Chemicals (NYSE:APD) CFO Sells $824,404.64 in Stock

Air Products and Chemicals, Inc. (NYSE:APD) CFO Melissa Schaeffer sold 2,714 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the completion of the transaction, the chief financial officer directly owned 14,212 shares in the company, valued at $4,317,037.12. This trade represents a 16.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Air Products and Chemicals Stock Performance

Shares of Air Products and Chemicals stock opened at $300.39 on Thursday. The stock’s fifty day moving average is $289.52 and its two-hundred day moving average is $269.74. The company has a market capitalization of $66.89 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 2.68 and a beta of 0.77. 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, Inc. has a 52 week low of $229.11 and a 52 week high of $307.29.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior 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, analysts expect that Air Products and Chemicals, Inc. will post 13.16 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio is 76.61%.

Institutional Investors Weigh In On Air Products and Chemicals

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Air Products and Chemicals by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock valued at $5,509,702,000 after purchasing an additional 303,944 shares in the last quarter. Capital International Investors boosted its position in Air Products and Chemicals by 44.2% during the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares in the last quarter. Capital Research Global Investors boosted its position in Air Products and Chemicals by 1.2% during the fourth quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock valued at $2,940,665,000 after purchasing an additional 137,595 shares in the last quarter. State Street Corp boosted its position in Air Products and Chemicals by 3.7% during the fourth quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock valued at $2,448,340,000 after purchasing an additional 352,012 shares in the last quarter. Finally, Dodge & Cox boosted its position in Air Products and Chemicals by 2.6% during the fourth quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock valued at $2,281,627,000 after purchasing an additional 231,718 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on APD shares. Bank of America raised their price target on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Morgan Stanley raised their price target on Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research note on Tuesday. Wells Fargo & Company raised their price target on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Sanford C. Bernstein restated 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $323.12.

Air Products and Chemicals News Roundup

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Murs/major broker price-target increases lift longer-term upside expectations — Royal Bank of Canada raised its target to $341 and kept an “outperform” call (meaning a double-digit upside vs. current levels). Read More.
• Positive Sentiment: Morgan Stanley raised its price target to $310 while keeping an “equal weight” rating, signaling modest upside from here. Read More.
• Positive Sentiment: Analysts and commentators continue to point to APD’s strong dividend profile and steady cash generation as supportive for income investors. Read More.
• Neutral Sentiment: Recent earnings beat and FY?2026 guidance (EPS $13.00–13.25, Q3 guide 3.25–3.35) remain supportive, but management flagged risks on the earnings call — positive fundamental backdrop tempered by near-term cautions. Read More.
• Neutral Sentiment: Multiple valuation and “reconsideration” pieces examine whether recent share gains leave APD fairly priced — these raise investor focus on stretched multiples after the rally rather than fresh company-specific negatives. Read More.
• Neutral Sentiment: Another market write-up asks if it’s “too late” to re-enter after gains — discussion centers on momentum vs. valuation trade-offs. Read More.
• Negative Sentiment: Insider selling: CFO Melissa Schaeffer sold ~2,714 shares (~$824k), trimming her holding by ~16% — such insider sales can weigh on sentiment even if routine. Read More.
• Negative Sentiment: Some brokers maintain cautious stances — UBS kept a “hold” on APD, contributing to mixed analyst messages that can pressure the stock after a run-up. Read More.
• Negative Sentiment: Analyst opinions overall are mixed across the materials group, adding volatility risk as investors digest divergent targets and ratings. Read More.

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.