Air Products and Chemicals, Inc. $APD Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC lifted its position in Air Products and Chemicals, Inc. (NYSE:APD) by 47.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,099 shares of the basic materials company’s stock after purchasing an additional 1,957 shares during the period. Parallel Advisors LLC’s holdings in Air Products and Chemicals were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position 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 acquiring an additional 412 shares during the period. Bison Wealth LLC acquired a new position in Air Products and Chemicals during the fourth quarter worth $245,000. Sei Investments Co. raised its position in 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 worth $79,498,000 after acquiring an additional 187,142 shares during the period. Treasurer of the State of North Carolina raised its position in 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 worth $29,271,000 after acquiring an additional 2,171 shares during the period. Finally, Diversify Advisory Services LLC raised its position in 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 worth $1,873,000 after acquiring an additional 2,229 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

Air Products and Chemicals stock opened at $282.74 on Monday. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96. The firm has a market capitalization of $62.96 billion, a price-to-earnings ratio of 29.92, a PEG ratio of 2.48 and a beta of 0.74. The company has a fifty day simple moving average of $293.91 and a 200-day simple moving average of $275.53. 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 released its earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the prior year, the firm earned $2.69 earnings per share. The company’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. On average, equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.2 EPS for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.81 per share. The ex-dividend date of this dividend 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 is presently 76.19%.

Insider Activity

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 14,212 shares of the company’s stock, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.88% of the company’s stock.

Wall Street Analyst Weigh In

APD has been the subject of a number of research analyst reports. Mizuho set a $345.00 price objective on shares of Air Products and Chemicals in a research report on Friday, May 1st. Royal Bank Of Canada upped their price objective on shares of Air Products and Chemicals from $338.00 to $341.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded shares of Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a “buy” rating in a report on Monday, April 20th. 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 for the company in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.12.

Air Products and Chemicals 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.