Dearborn Partners LLC Buys Shares of 20,179 Air Products and Chemicals, Inc. $APD

Dearborn Partners LLC purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 20,179 shares of the basic materials company’s stock, valued at approximately $5,916,000.

A number of other large investors have also recently made changes to their positions in APD. Lloyd Advisory Services LLC. purchased a new stake in shares of Air Products and Chemicals during the fourth quarter worth about $25,000. Meeder Asset Management Inc. bought a new position in Air Products and Chemicals in the 4th quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new position in Air Products and Chemicals in the 4th quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new stake in shares of Air Products and Chemicals during the first quarter valued at approximately $25,000. Finally, Fiduciary Financial Advisors purchased a new position in shares of Air Products and Chemicals in the second quarter worth $25,000. 81.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

APD has been the topic of a number of research reports. Evercore reiterated an “outperform” rating and issued a $342.00 price target on shares of Air Products and Chemicals in a report on Friday, July 10th. JPMorgan Chase & Co. raised their price objective on Air Products and Chemicals from $310.00 to $330.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Mizuho boosted their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. Finally, UBS Group raised their price target on Air Products and Chemicals from $330.00 to $336.00 and gave the company a “neutral” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $332.76.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $305.15 on Friday. The company’s 50-day moving average price is $297.78 and its 200-day moving average price is $291.53. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $314.87. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The company has a market cap of $67.95 billion, a PE ratio of -1,387.03, a price-to-earnings-growth ratio of 2.66 and a beta of 0.73.

Air Products and Chemicals (NYSE:APD) last announced its earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.13. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.45 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is -3,290.91%.

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.