Air Products and Chemicals, Inc. $APD Stake Lowered by Bristol John W & Co. Inc. NY

Key Points

• Air Products and Chemicals saw institutional shifts: Bristol John W & Co. trimmed its stake by 2.3% to 354,396 shares (about 0.16% of the company, ~$96.65M) while Invesco grew its position by 31.2% to 1,880,652 shares; institutional investors hold 81.66% of the stock.
• Director Ridge Lp Mantle sold 70,175 shares for roughly $19.94M (average price $284.21), reducing their ownership by 42.87% to 93,499 shares.
• Air Products beat quarterly estimates with $3.16 EPS and $3.10B revenue, set FY2026 guidance of $12.85–13.15 EPS, and raised its quarterly dividend to $1.81 ($7.24 annualized, ~2.5% yield).

Bristol John W & Co. Inc. NY trimmed its position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 354,396 shares of the basic materials company's stock after selling 8,423 shares during the period. Bristol John W & Co. Inc. NY owned about 0.16% of Air Products and Chemicals worth $96,651,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of Air Products and Chemicals by 31.2% in the 3rd quarter. Invesco Ltd. now owns 1,880,652 shares of the basic materials company's stock valued at $512,891,000 after buying an additional 447,724 shares in the last quarter. Sei Investments Co. grew its stake in Air Products and Chemicals by 0.3% in the 3rd quarter. Sei Investments Co. now owns 282,674 shares of the basic materials company's stock valued at $77,092,000 after buying an additional 813 shares during the last quarter. SageView Advisory Group LLC boosted its stake in Air Products and Chemicals by 13.9% during the 3rd quarter. SageView Advisory Group LLC now owns 5,580 shares of the basic materials company's stock valued at $1,522,000 after purchasing an additional 679 shares during the period. Financial Life Planners bought a new position in Air Products and Chemicals during the third quarter worth $30,000. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Air Products and Chemicals by 0.9% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,299,299 shares of the basic materials company's stock valued at $627,065,000 after purchasing an additional 21,479 shares during the period. Institutional investors and hedge funds own 81.66% of the company's stock.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the firm'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 completion of the sale, the director directly owned 93,499 shares in the company, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.88% of the company's stock.

Air Products and Chemicals Price Performance

Shares of Air Products and Chemicals stock opened at $289.78 on Friday. The stock has a market capitalization of $64.52 billion, a price-to-earnings ratio of -191.91, a P/E/G ratio of 2.72 and a beta of 0.88. The firm's 50-day moving average price is $272.61 and its two-hundred day moving average price is $266.25. 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 $301.11.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.04 by $0.12. The company had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. Air Products and Chemicals's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.86 earnings per share. 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. On average, equities analysts predict that Air Products and Chemicals, Inc. will post 12.69 earnings per share for the current fiscal year.

Air Products and Chemicals Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $1.81 per share. The ex-dividend date is Wednesday, April 1st. This is a boost from Air Products and Chemicals's previous quarterly dividend of $1.79. This represents a $7.24 annualized dividend and a dividend yield of 2.5%. Air Products and Chemicals's dividend payout ratio (DPR) is currently -474.17%.

Analyst Ratings Changes

Several equities analysts have commented on the company. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $315.00 price target on shares of Air Products and Chemicals in a report on Monday, February 2nd. Citigroup upped their target price on shares of Air Products and Chemicals from $272.00 to $285.00 and gave the company a "neutral" rating in a research note on Monday, February 2nd. Wells Fargo & Company raised their price target on shares of Air Products and Chemicals from $250.00 to $270.00 and gave the stock an "equal weight" rating in a research note on Monday, February 2nd. Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, JPMorgan Chase & Co. raised their target price on Air Products and Chemicals from $260.00 to $280.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Air Products and Chemicals currently has a consensus rating of "Moderate Buy" and a consensus price target of $295.88.

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.

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