Savant Capital LLC Sells 1,971 Shares of Air Products and Chemicals, Inc. $APD

Savant Capital LLC reduced its stake in Air Products and Chemicals, Inc. (NYSE:APD) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,894 shares of the basic materials company’s stock after selling 1,971 shares during the period. Savant Capital LLC’s holdings in Air Products and Chemicals were worth $2,197,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Holos Integrated Wealth LLC bought a new position in Air Products and Chemicals in the fourth quarter worth about $25,000. Richardson Financial Services Inc. grew its holdings in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 97 shares during the period. Lloyd Advisory Services LLC. purchased a new position in shares of Air Products and Chemicals during the 4th quarter worth approximately $25,000. Caitlin John LLC purchased a new position in shares of Air Products and Chemicals during the 3rd quarter worth approximately $30,000. Finally, Financial Life Planners purchased a new position in shares of Air Products and Chemicals during the 3rd quarter worth approximately $30,000. 81.66% of the stock is owned by institutional investors.

Air Products and Chemicals Stock Performance

Air Products and Chemicals stock opened at $278.37 on Monday. 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 company has a market capitalization of $61.99 billion, a P/E ratio of 29.46, a PEG ratio of 2.45 and a beta of 0.74. The stock’s 50 day moving average is $294.21 and its 200 day moving average is $274.78. Air Products and Chemicals, Inc. has a twelve month low of $229.11 and a twelve month high of $307.96.

Air Products and Chemicals (NYSE:APD) last posted its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.06 by $0.14. The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.07 billion. Air Products and Chemicals had a return on equity of 16.11% and a net margin of 16.91%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. On average, equities research analysts predict that Air Products and Chemicals, Inc. will post 13.2 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

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 paid a $1.81 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.6%. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

Analyst Ratings Changes

A number of research analysts have weighed in on APD shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $315.00 target price on shares of Air Products and Chemicals in a report on Monday, February 2nd. Jefferies Financial Group upped their target price 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. 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 report on Monday, April 13th. Weiss Ratings upgraded Air Products and Chemicals from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. Finally, Mizuho set a $345.00 target price on Air Products and Chemicals 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 issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $323.12.

Insider Buying and Selling at Air Products and Chemicals

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer owned 14,212 shares in the company, valued at $4,317,037.12. This represents a 16.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.88% of the stock is owned by insiders.

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.