94,594 Shares in Air Products and Chemicals, Inc. $APD Purchased by S&CO Inc.

Key Points

• S&CO Inc. acquired 94,594 shares of Air Products and Chemicals valued at approximately $27.7 million, making APD its 17th-largest holding and representing 1.6% of its portfolio. Institutional investors and hedge funds own 81.66% of the stock.
• Air Products and Chemicals reported quarterly EPS of $3.47, beating estimates of $3.34, while revenue rose 4.6% year over year to $3.16 billion. The company projects fiscal 2026 EPS of $13.39–$13.49.
• The company declared a quarterly dividend of $1.81 per share, or $7.24 annually, yielding about 2.3%. Analysts maintain a “Moderate Buy” consensus with an average price target of $332.76.

S&CO Inc. acquired a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 94,594 shares of the basic materials company's stock, valued at approximately $27,733,000. Air Products and Chemicals comprises 1.6% of S&CO Inc.'s investment portfolio, making the stock its 17th biggest holding.

A number of other large investors also recently added to or reduced their stakes in the business. Lloyd Advisory Services LLC. bought a new stake in shares of Air Products and Chemicals during the fourth quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new position in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. bought a new position in Air Products and Chemicals in the fourth quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in Air Products and Chemicals during the 1st quarter worth $25,000. Finally, Motiv8 Investments LLC acquired a new stake in Air Products and Chemicals during the 4th quarter worth $26,000. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Price Performance

Shares of APD stock opened at $308.86 on Friday. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $314.87. The firm has a market capitalization of $68.78 billion, a price-to-earnings ratio of -1,403.92, a price-to-earnings-growth ratio of 2.68 and a beta of 0.73. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The firm has a fifty day moving average of $293.47 and a 200-day moving average of $289.30.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 EPS for the quarter, beating analysts' consensus estimates of $3.34 by $0.13. The business had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.20 billion. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The firm's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.09 EPS. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. On average, equities research analysts forecast that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year.

Air Products and Chemicals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $1.81 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.3%. Air Products and Chemicals's dividend payout ratio (DPR) is currently -3,290.91%.

Wall Street Analysts Forecast Growth

APD has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $320.00 price target on shares of Air Products and Chemicals in a research note on Monday, August 3rd. UBS Group lifted their price objective on Air Products and Chemicals from $330.00 to $336.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st. Wells Fargo & Company increased their target price on Air Products and Chemicals from $340.00 to $350.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Bank of America raised their target price on Air Products and Chemicals from $280.00 to $303.00 and gave the stock a "neutral" rating in a report on Tuesday, April 21st. Finally, Morgan Stanley set a $320.00 price target on Air Products and Chemicals in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $332.76.

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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