Air Products and Chemicals, Inc. $APD Shares Bought by Vanguard Group Inc.

Key Points

• Vanguard Group increased its stake by 1.4% in Q4 to hold 22,304,678 shares (≈10.02%) of Air Products, valued at about $5.51 billion.
• Air Products beat Q1 estimates with $3.16 EPS vs. $3.04 expected and $3.10B revenue, and set Q2 2026 guidance of 2.95–3.10 EPS and FY2026 guidance of 12.85–13.15 EPS.
• The company declared a quarterly dividend of $1.81 (annualized $7.24, yield ~2.4%), while an insider sold 70,175 shares (~$19.9M), reducing their position by 42.9%.

Vanguard Group Inc. grew its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,304,678 shares of the basic materials company's stock after purchasing an additional 303,944 shares during the period. Vanguard Group Inc. owned approximately 10.02% of Air Products and Chemicals worth $5,509,702,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Dakota Community Bank & Trust NA boosted its stake in Air Products and Chemicals by 5.3% during the fourth quarter. Dakota Community Bank & Trust NA now owns 756 shares of the basic materials company's stock valued at $187,000 after buying an additional 38 shares in the last quarter. Journey Strategic Wealth LLC boosted its position in Air Products and Chemicals by 3.7% during the 3rd quarter. Journey Strategic Wealth LLC now owns 1,085 shares of the basic materials company's stock worth $296,000 after acquiring an additional 39 shares during the period. Essex Financial Services Inc. lifted its holdings in shares of Air Products and Chemicals by 1.0% during the 3rd quarter. Essex Financial Services Inc. now owns 4,239 shares of the basic materials company's stock valued at $1,156,000 after buying an additional 40 shares during the last quarter. Hunter Associates Investment Management LLC lifted its holdings in shares of Air Products and Chemicals by 2.9% during the 4th quarter. Hunter Associates Investment Management LLC now owns 1,423 shares of the basic materials company's stock valued at $353,000 after buying an additional 40 shares during the last quarter. Finally, Patton Fund Management Inc. lifted its holdings in shares of Air Products and Chemicals by 4.9% during the 4th quarter. Patton Fund Management Inc. now owns 863 shares of the basic materials company's stock valued at $213,000 after buying an additional 40 shares during the last quarter. 81.66% of the stock is owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Performance

APD opened at $302.37 on Tuesday. The stock has a market cap of $67.32 billion, a PE ratio of -200.24, a P/E/G ratio of 2.84 and a beta of 0.80. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $307.29. The stock's 50 day simple moving average is $287.39 and its 200-day simple moving average is $268.18.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.04 by $0.12. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.Air Products and Chemicals's quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.86 EPS. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Sell-side analysts forecast that Air Products and Chemicals, Inc. will post 13.03 EPS 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 paid a $1.81 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $7.24 annualized dividend and a yield of 2.4%. Air Products and Chemicals's payout ratio is currently -479.47%.

Wall Street Analyst Weigh In

APD has been the subject of several research reports. Jefferies Financial Group lifted their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the company a "buy" rating in a report on Monday, February 2nd. Wells Fargo & Company upgraded Air Products and Chemicals from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $270.00 to $325.00 in a report on Friday, March 13th. Royal Bank Of Canada raised their price objective on Air Products and Chemicals from $325.00 to $338.00 and gave the company an "outperform" rating in a research note on Friday. Weiss Ratings raised Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, March 9th. Finally, Wall Street Zen raised Air Products and Chemicals from a "sell" rating to a "hold" rating in a research note on Saturday, January 31st. One 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $308.78.

Insider Buying and Selling

In related news, Director Ridge Lp Mantle sold 70,175 shares of the business'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 sale, the director owned 93,499 shares of the company's stock, valued at $26,573,350.79. The trade was a 42.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.