Geneos Wealth Management Inc. Has $5.85 Million Stock Position in Air Products and Chemicals, Inc. $APD

Geneos Wealth Management Inc. raised its position in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 11.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 20,136 shares of the basic materials company’s stock after purchasing an additional 2,041 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Air Products and Chemicals were worth $5,849,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Air Products and Chemicals by 5.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 486,719 shares of the basic materials company’s stock worth $121,909,000 after buying an additional 23,760 shares during the period. Rockland Trust Co. boosted its stake in Air Products and Chemicals by 8.2% during the fourth quarter. Rockland Trust Co. now owns 56,909 shares of the basic materials company’s stock worth $14,058,000 after acquiring an additional 4,319 shares in the last quarter. Mather Group LLC. grew its holdings in Air Products and Chemicals by 11.5% in the fourth quarter. Mather Group LLC. now owns 57,474 shares of the basic materials company’s stock worth $14,197,000 after purchasing an additional 5,909 shares during the period. Assetmark Inc. increased its stake in Air Products and Chemicals by 4.9% in the fourth quarter. Assetmark Inc. now owns 135,947 shares of the basic materials company’s stock valued at $33,582,000 after purchasing an additional 6,342 shares in the last quarter. Finally, Vantage Wealth raised its holdings in shares of Air Products and Chemicals by 17.7% during the fourth quarter. Vantage Wealth now owns 75,282 shares of the basic materials company’s stock valued at $18,596,000 after purchasing an additional 11,303 shares during the period. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Performance

APD stock opened at $297.56 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 0.95. The firm has a market cap of $66.26 billion, a PE ratio of 31.49, a P/E/G ratio of 2.66 and a beta of 0.73. The business has a 50 day moving average of $289.80 and a 200-day moving average of $283.67. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates of $3.06 by $0.14. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.Air Products and Chemicals’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the company posted $2.69 earnings per share. 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, sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Wednesday, July 1st will be given a dividend of $1.81 per share. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on APD. Mizuho set a $345.00 target price on Air Products and Chemicals in a research report on Friday, May 1st. Citigroup upped their target price on Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, May 4th. Sanford C. Bernstein restated an “outperform” rating and set a $344.00 price objective on shares of Air Products and Chemicals in a report on Wednesday, July 1st. Finally, Wells Fargo & Company lifted their price objective on shares of Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $325.82.

Insider Transactions at Air Products and Chemicals

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the firm’s stock in a transaction dated 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 owned 14,212 shares in the company, valued at approximately $4,317,037.12. This trade represents a 16.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.88% of the company’s stock.

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.