Air Products and Chemicals, Inc. $APD Shares Sold by Mycio Wealth Partners LLC

Mycio Wealth Partners LLC lowered its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 45.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,876 shares of the basic materials company’s stock after selling 6,548 shares during the period. Air Products and Chemicals makes up approximately 0.4% of Mycio Wealth Partners LLC’s portfolio, making the stock its 19th biggest holding. Mycio Wealth Partners LLC’s holdings in Air Products and Chemicals were worth $1,946,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of APD. Holos Integrated Wealth LLC purchased a new position in Air Products and Chemicals during the fourth quarter worth approximately $25,000. Richardson Financial Services Inc. raised its stake in Air Products and Chemicals by 3,233.3% during the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 97 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Air Products and Chemicals during the fourth quarter worth approximately $25,000. Caitlin John LLC purchased a new position in Air Products and Chemicals during the third quarter worth approximately $30,000. Finally, Financial Life Planners purchased a new position in Air Products and Chemicals during the third quarter worth approximately $30,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on shares of Air Products and Chemicals from $310.00 to $330.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Wells Fargo & Company increased their price target on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Royal Bank Of Canada increased their price target on shares of Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 target price on the stock in a research note on Friday, May 1st. One 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. Based on data from MarketBeat.com, Air Products and Chemicals presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.12.

Insiders Place Their Bets

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $283.80 on Friday. The company’s fifty day simple moving average is $294.28 and its 200-day simple moving average is $274.64. 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 current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The company has a market cap of $63.20 billion, a PE ratio of 30.03, a P/E/G ratio of 2.51 and a beta of 0.77.

Air Products and Chemicals (NYSE:APD) last issued its earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. During the same quarter last year, the firm posted $2.69 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. 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 13.2 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio (DPR) is currently 76.61%.

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.