Air Products and Chemicals, Inc. $APD Stock Position Boosted by Rockland Trust Co.

Rockland Trust Co. increased its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,572 shares of the basic materials company’s stock after buying an additional 2,250 shares during the period. Rockland Trust Co.’s holdings in Air Products and Chemicals were worth $18,801,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Evolution Wealth Management Inc. bought a new stake in Air Products and Chemicals during the first quarter valued at about $25,000. Fiduciary Financial Advisors purchased a new position in Air Products and Chemicals during the 2nd quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its stake in Air Products and Chemicals by 318.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 92 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 70 shares during the period. Main Street Group LTD acquired a new stake in shares of Air Products and Chemicals in the first quarter worth $27,000. Finally, Bell Investment Advisors Inc acquired a new stake in shares of Air Products and Chemicals in the second quarter worth $35,000. Institutional investors own 81.66% of the company’s stock.

Analyst Ratings Changes

APD has been the topic of several recent research reports. Royal Bank Of Canada upped their price target on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Weiss Ratings lowered Air Products and Chemicals from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Wells Fargo & Company lifted their price target on Air Products and Chemicals from $340.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Morgan Stanley set a $320.00 price objective on Air Products and Chemicals in a research report on Monday, August 3rd. Finally, KeyCorp assumed coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They set a “sector weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $334.69.

Air Products and Chemicals Price Performance

Shares of NYSE:APD traded up $3.84 during midday trading on Monday, hitting $281.41. The company had a trading volume of 232,947 shares, compared to its average volume of 1,287,494. 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 debt-to-equity ratio of 1.01, a current ratio of 1.08 and a quick ratio of 0.92. The stock has a market cap of $62.67 billion, a price-to-earnings ratio of -1,280.13, a price-to-earnings-growth ratio of 2.61 and a beta of 0.76. The business’s 50-day simple moving average is $295.87 and its 200-day simple moving average is $293.35.

Air Products and Chemicals (NYSE:APD) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.13. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.20 billion. Air Products and Chemicals had a positive return on equity of 16.87% and a negative net margin of 0.38%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.09 earnings per share. 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, research analysts predict that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be given a dividend of $1.81 per share. This represents a $7.24 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is presently -3,290.91%.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.