Concurrent Investment Advisors LLC Buys 6,024 Shares of Air Products and Chemicals, Inc. $APD

Key Points

• Concurrent Investment Advisors LLC raised its stake in Air Products by 41.9%, buying 6,024 shares to own 20,393 shares valued at about $5.038 million.
• Analyst sentiment is mostly positive with multiple upgrades and higher targets (consensus "Moderate Buy", average target ~$308.78), and the company announced a $1.81 quarterly dividend and a new air separation unit in Florida to support longer‑term growth.
• A Portnoy Law Firm investigation into possible securities fraud introduces potential litigation risk and could create headline-driven downside for the stock.

Concurrent Investment Advisors LLC raised its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 41.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,393 shares of the basic materials company's stock after purchasing an additional 6,024 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Air Products and Chemicals were worth $5,038,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of APD. Holos Integrated Wealth LLC bought a new stake in shares of Air Products and Chemicals during the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. increased its position 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 valued at $25,000 after purchasing an additional 97 shares during the period. Financial Life Planners bought a new stake in shares of Air Products and Chemicals during the third quarter valued at approximately $30,000. Caitlin John LLC bought a new stake in shares of Air Products and Chemicals during the third quarter valued at approximately $30,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Air Products and Chemicals during the third quarter valued at approximately $34,000. Institutional investors own 81.66% of the company's stock.

Key Air Products and Chemicals News

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

• Positive Sentiment: Royal Bank of Canada raised its price target on APD from $325 to $338 and kept an "outperform" rating, signaling stronger analyst confidence and ~12% upside vs. the current level; this can support upside momentum. RBC Raises Price Target
• Positive Sentiment: Berenberg upgraded APD (reported 4/23), another analyst endorsement that can attract buyers. Berenberg Upgrade
• Positive Sentiment: Bank of America published a bullish forecast for APD's price appreciation (reported 4/23), adding to positive analyst coverage that may support the stock. Bank of America Forecast
• Positive Sentiment: Air Products declared a quarterly dividend of $1.81 per share (record July 1, payable Aug. 10), which reinforces cash return to shareholders and can support investor demand for the stock. Dividend Declaration
• Positive Sentiment: Air Products plans to build, own and operate a new air separation unit (ASU) in Cocoa, Florida to supply the growing space launch industry — a strategic, end-market driven capacity expansion that should support longer‑term revenue growth tied to aerospace demand. ASU in Florida Announcement
• Neutral Sentiment: Zacks previewed the upcoming earnings report, noting Wall Street expects earnings growth but suggesting APD may lack the setup for an earnings beat — this raises uncertainty ahead of results and could mute volatility depending on the actual print. Zacks Earnings Preview
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud involving Air Products, indicating potential litigation risk and headline-driven downside if allegations escalate. Portnoy Law Firm Investigation

Wall Street Analyst Weigh In

APD has been the topic of a number of research reports. Jefferies Financial Group boosted their price objective on Air Products and Chemicals from $300.00 to $313.00 and gave the company a "buy" rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised Air Products and Chemicals from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $280.00 to $310.00 in a report on Friday, March 20th. Bank of America increased 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. Wall Street Zen raised Air Products and Chemicals from a "sell" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Berenberg Bank set a $350.00 target price on Air Products and Chemicals and gave the stock a "buy" rating in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $308.78.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals 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 of the company's stock, valued at approximately $26,573,350.79. This trade represents a 42.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.88% of the company's stock.

Air Products and Chemicals Trading Up 0.1%

APD stock opened at $302.21 on Monday. The business has a fifty day moving average price of $286.94 and a 200 day moving average price of $267.90. Air Products and Chemicals, Inc. has a fifty-two week low of $229.11 and a fifty-two week high of $304.57. The stock has a market capitalization of $67.29 billion, a price-to-earnings ratio of -200.14, a P/E/G ratio of 2.84 and a beta of 0.80. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23.

Air Products and Chemicals (NYSE:APD - Get Free Report) last released its quarterly earnings results on Friday, January 30th. The basic materials company reported $3.16 earnings per share for the quarter, beating analysts' consensus estimates of $3.04 by $0.12. Air Products and Chemicals had a positive return on equity of 15.77% and a negative net margin of 2.73%.The firm had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $3.05 billion. During the same period last year, the firm posted $2.86 EPS. The business's revenue was up 5.8% on a year-over-year basis. 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. Analysts expect that Air Products and Chemicals, Inc. will post 13.03 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals's dividend payout ratio (DPR) is -479.47%.

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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