9,265 Shares in Air Products and Chemicals, Inc. $APD Purchased by MV Capital Management Inc.

Key Points

• MV Capital Management bought a new stake in Air Products and Chemicals, purchasing 9,265 shares valued at about $2.29 million in the fourth quarter.
• Air Products and Chemicals reported stronger-than-expected quarterly results, with EPS of $3.20 beating estimates and revenue of $3.17 billion topping forecasts. The company also issued FY 2026 EPS guidance of 13.00 to 13.25.
• The company declared a quarterly dividend of $1.81 per share, equal to an annualized payout of $7.24 and a 2.6% yield, while analysts maintain a Moderate Buy consensus with a target price of $323.12.

MV Capital Management Inc. purchased a new stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,265 shares of the basic materials company's stock, valued at approximately $2,289,000.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Air Products and Chemicals during the 4th quarter valued at approximately $1,063,906,000. Capital International Investors grew its holdings in shares of Air Products and Chemicals by 44.2% in the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company's stock valued at $3,160,023,000 after purchasing an additional 3,922,567 shares in the last quarter. Viking Global Investors LP bought a new stake in Air Products and Chemicals in the second quarter worth $607,601,000. Clearbridge Investments LLC increased its position in Air Products and Chemicals by 70.2% in the fourth quarter. Clearbridge Investments LLC now owns 2,694,659 shares of the basic materials company's stock worth $665,609,000 after purchasing an additional 1,111,378 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Air Products and Chemicals by 644.6% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,031,306 shares of the basic materials company's stock valued at $281,258,000 after purchasing an additional 892,793 shares in the last quarter. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Stock Down 0.6%

Shares of APD opened at $280.05 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 business has a fifty day moving average of $291.71 and a 200 day moving average of $277.02. The company has a market cap of $62.36 billion, a PE ratio of 29.63, a P/E/G ratio of 2.47 and a beta of 0.74. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $307.96.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted 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 net margin of 16.91% and a return on equity of 16.11%. The business had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.07 billion. During the same quarter in the previous year, the business posted $2.69 earnings per share. The business's revenue was up 8.8% compared to the same quarter last year. 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, sell-side analysts expect that Air Products and Chemicals, Inc. will post 13.23 EPS for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors 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 yield of 2.6%. The ex-dividend date is Wednesday, July 1st. Air Products and Chemicals's dividend payout ratio is presently 76.61%.

Insiders Place Their Bets

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares of the company's stock, valued at $4,317,037.12. This represents a 16.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.88% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

APD has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $315.00 price objective on shares of Air Products and Chemicals in a research report on Monday, May 4th. Wells Fargo & Company upped their target price on shares of 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. Berenberg Bank set a $350.00 price target on shares of Air Products and Chemicals and gave the company a "buy" rating in a report on Monday, April 20th. Royal Bank Of Canada lifted their price target on Air Products and Chemicals from $338.00 to $341.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 5th. Finally, Mizuho set a $345.00 price objective on Air Products and Chemicals in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $323.12.

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.

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