Air Products and Chemicals, Inc. $APD Shares Sold by Patrick Mauro Investment Advisor INC.

Patrick Mauro Investment Advisor INC. lowered its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 19.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,365 shares of the basic materials company’s stock after selling 2,466 shares during the quarter. Air Products and Chemicals accounts for about 1.3% of Patrick Mauro Investment Advisor INC.’s portfolio, making the stock its 27th biggest holding. Patrick Mauro Investment Advisor INC.’s holdings in Air Products and Chemicals were worth $2,560,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC acquired a new stake in Air Products and Chemicals in the 4th quarter valued at $25,000. Richardson Financial Services Inc. grew its stake in Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 97 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in Air Products and Chemicals in the 4th quarter valued at $25,000. Caitlin John LLC acquired a new stake in Air Products and Chemicals in the 3rd quarter valued at $30,000. Finally, Financial Life Planners acquired a new stake in Air Products and Chemicals in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 81.66% of the company’s stock.

Insider Activity at Air Products and Chemicals

In other news, CFO Melissa N. Schaeffer sold 2,714 shares of Air Products and Chemicals stock in a transaction on Friday, May 1st. The stock was sold at an average price of $303.76, for a total transaction of $824,404.64. Following the transaction, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. The trade was a 16.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

Air Products and Chemicals Trading Down 1.9%

Shares of APD stock opened at $278.37 on Friday. The stock’s fifty day moving average is $294.21 and its two-hundred day moving average is $274.66. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The firm has a market capitalization of $61.99 billion, a P/E ratio of 29.46, a PEG ratio of 2.49 and a beta of 0.77. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $307.96.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the firm posted $2.69 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. 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. Research analysts expect that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Dividend Announcement

The business also recently declared 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. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals’s payout ratio is currently 76.19%.

Analyst Ratings Changes

A number of research firms recently issued reports on APD. BMO Capital Markets raised shares of Air Products and Chemicals from a “market perform” rating to an “outperform” rating and set a $360.00 price target on the stock in a research note on Friday, May 1st. Citigroup lifted their price target on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Sanford C. Bernstein reissued an “outperform” rating and issued a $315.00 price target on shares of Air Products and Chemicals in a research note on Monday, February 2nd. UBS Group raised their price objective on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Wall Street Zen upgraded Air Products and Chemicals from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. One investment 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, Air Products and Chemicals currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.12.

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.