Air Products and Chemicals, Inc. $APD Shares Sold by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System trimmed its stake in Air Products by 3.7%, selling 6,343 shares and now holds 162,878 shares (~0.07%) valued at about $40.23 million.
• Air Products beat Q2 estimates with adjusted EPS of $3.20 versus $3.06 and raised FY2026 adjusted EPS guidance to $13.00–13.25, spurring analyst price‑target upgrades and a "Moderate Buy" consensus (~$318).
• The company announced a quarterly dividend of $1.81 ($7.24 annual, ~2.4% yield) with an ex‑dividend date of July 1 and payment on August 10.

New York State Teachers Retirement System trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 162,878 shares of the basic materials company's stock after selling 6,343 shares during the period. New York State Teachers Retirement System owned about 0.07% of Air Products and Chemicals worth $40,234,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APD. Holos Integrated Wealth LLC purchased a new stake in Air Products and Chemicals during the 4th 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 fourth quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company's stock worth $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 valued at approximately $30,000. Financial Life Planners purchased a new position in shares of Air Products and Chemicals during the third quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC acquired a new stake in Air Products and Chemicals during the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Stock Up 0.4%

Shares of NYSE:APD opened at $301.11 on Friday. The stock has a 50-day simple moving average of $288.71 and a 200-day simple moving average of $268.96. The stock has a market capitalization of $67.04 billion, a P/E ratio of -199.41, a PEG ratio of 2.82 and a beta of 0.80. Air Products and Chemicals, Inc. has a 1 year low of $229.11 and a 1 year high of $307.29. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.23 and a current ratio of 1.43.

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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.69 earnings per share. 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. Equities analysts forecast that Air Products and Chemicals, Inc. will post 13.05 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a dividend of $1.81 per share. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals's payout ratio is presently -476.82%.

Insider Transactions at Air Products and Chemicals

In other Air Products and Chemicals news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the transaction, the director owned 93,499 shares of the company's stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.88% of the stock is owned by insiders.

More Air Products and Chemicals News

Here are the key news stories impacting Air Products and Chemicals this week:

• Positive Sentiment: Q2 beat and guidance raise — Air Products reported adjusted Q2 EPS of $3.20 vs. consensus ~$3.06 and raised FY2026 adjusted EPS guidance to $13.00–13.25 (above prior outlook). Management cited stronger pricing, helium strength and new assets coming online. Q2 Results Release
• Positive Sentiment: Analyst upgrades and higher price targets — JPMorgan raised its target to $330 (overweight) and Wells Fargo to $340 (overweight), providing additional buy-side momentum. These lifts signal growing street confidence and imply double-digit upside vs. current levels. Benzinga
• Positive Sentiment: Capital discipline / capex reduction target — Management and press coverage note efforts to target ~$1B of capex reductions, which supports near‑term cash flow and EPS durability. MSN
• Positive Sentiment: New commercial wins and helium positioning — Company disclosed strategic wins (Samsung semiconductor supply, NASA/Artemis support) and steps to strengthen helium supply (increased U.S. production, storage/liquefaction) — supportive for longer‑term growth and pricing. Q2 Results Release
• Neutral Sentiment: Investor resources and transcripts — Multiple analyst notes, earnings call transcript and slide deck are available for deeper review; these are informational but don’t change the near‑term narrative. Earnings Transcript
• Neutral Sentiment: AISTech trade show presence — Air Products will showcase low‑carbon iron & steel solutions at AISTech2026 and donate to the AIST Foundation; positive from an ESG/business development angle but more long-term. AISTech2026
• Negative Sentiment: Profitability nuance — Some published summaries note a negative net margin metric (reflecting non‑GAAP adjustments or one‑time items), which is a reminder to vet GAAP vs. adjusted figures and any transient charges when modeling earnings. MarketBeat Earnings Summary

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on APD shares. Royal Bank Of Canada boosted their price target on Air Products and Chemicals from $325.00 to $338.00 and gave the company an "outperform" rating in a report on Friday, April 24th. Wells Fargo & Company increased their target price on Air Products and Chemicals from $325.00 to $340.00 and gave the stock an "overweight" rating in a research report on Friday. 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. Wall Street Zen raised shares of Air Products and Chemicals from a "sell" rating to a "hold" rating in a research report on Saturday, January 31st. Finally, Bank of America boosted their target price on shares of Air Products and Chemicals from $280.00 to $303.00 and gave the company a "neutral" rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Air Products and Chemicals currently has a consensus rating of "Moderate Buy" and a consensus price target of $318.24.

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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