Community Bank N.A. grew its stake in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 20.5% during the 4th quarter, HoldingsChannel reports. The firm owned 12,922 shares of the basic materials company’s stock after buying an additional 2,197 shares during the quarter. Community Bank N.A.’s holdings in Air Products and Chemicals were worth $3,192,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in the company. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the fourth quarter worth $25,000. Richardson Financial Services Inc. increased its holdings in Air Products and Chemicals by 3,233.3% in the fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock valued at $25,000 after buying an additional 97 shares in the last quarter. Caitlin John LLC acquired a new position in shares of Air Products and Chemicals in the third quarter worth about $30,000. Financial Life Planners purchased a new stake in shares of Air Products and Chemicals during the 3rd quarter worth about $30,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Air Products and Chemicals during the 3rd quarter valued at about $34,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on APD shares. Jefferies Financial Group upped their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Bank of America raised their price objective on Air Products and Chemicals from $280.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. 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 note on Monday, April 13th. Wells Fargo & Company increased their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Morgan Stanley lifted their price target on shares of Air Products and Chemicals from $290.00 to $310.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.12.
Air Products and Chemicals Stock Performance
APD opened at $303.56 on Wednesday. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.29. The firm has a market capitalization of $67.60 billion, a PE ratio of 32.12, a PEG ratio of 2.67 and a beta of 0.77. The company has a current ratio of 1.43, a quick ratio of 1.21 and a debt-to-equity ratio of 0.95. The firm’s 50-day moving average price is $291.27 and its 200 day moving average price is $271.03.
Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.14. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. Air Products and Chemicals’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.69 EPS. 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 13.2 EPS for the current fiscal year.
Air Products and Chemicals Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Wednesday, July 1st will be paid 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 yield of 2.4%. Air Products and Chemicals’s payout ratio is 76.61%.
Insider Buying and Selling at Air Products and Chemicals
In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total value of $19,944,436.75. Following the completion of the sale, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This represents a 42.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $824,404.64. Following the transaction, the chief financial officer owned 14,212 shares in the company, valued at approximately $4,317,037.12. This represents a 16.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.88% of the stock is owned by corporate insiders.
About Air Products and Chemicals
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.
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