Douglas Lane & Associates LLC Raises Holdings in Air Products and Chemicals, Inc. $APD

Key Points

• Douglas Lane & Associates LLC increased its stake in Air Products by 10.3% in Q4 to 336,847 shares (about $83.21M), representing roughly 0.15% of the company and its 24th largest holding.
• Air Products beat Q4 estimates with $3.16 EPS vs. $3.04 expected and $3.10B revenue, and set guidance of Q2 2026: 2.95–3.10 EPS and FY 2026: 12.85–13.15 EPS; the company also raised its quarterly dividend to $1.81 (annual $7.24, ~2.4% yield).
• Insider activity included Director Ridge LP Mantle selling 70,175 shares (~$19.94M), a 42.9% reduction in his holding, while institutional ownership stands at 81.66% and analysts' consensus is a Moderate Buy with a $302.18 average price target.

Douglas Lane & Associates LLC grew its position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 336,847 shares of the basic materials company's stock after purchasing an additional 31,500 shares during the period. Air Products and Chemicals makes up approximately 1.1% of Douglas Lane & Associates LLC's investment portfolio, making the stock its 24th biggest position. Douglas Lane & Associates LLC owned 0.15% of Air Products and Chemicals worth $83,208,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in APD. Holos Integrated Wealth LLC purchased a new position in shares of Air Products and Chemicals during the fourth quarter valued at about $25,000. Abound Wealth Management grew its position in shares of Air Products and Chemicals by 292.3% during the third quarter. Abound Wealth Management now owns 102 shares of the basic materials company's stock valued at $28,000 after purchasing an additional 76 shares in the last quarter. Caitlin John LLC purchased a new position in shares of Air Products and Chemicals during the third quarter valued at about $30,000. Financial Life Planners purchased a new position in shares of Air Products and Chemicals during the third quarter valued at about $30,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Air Products and Chemicals during the third quarter valued at about $34,000. Hedge funds and other institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Trading Up 0.5%

APD opened at $297.95 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.23 and a debt-to-equity ratio of 0.97. The firm has a market cap of $66.34 billion, a P/E ratio of -197.32, a P/E/G ratio of 2.91 and a beta of 0.80. Air Products and Chemicals, Inc. has a 12 month low of $229.11 and a 12 month high of $301.25. The stock has a 50-day moving average of $283.84 and a 200 day moving average of $265.99.

Air Products and Chemicals (NYSE:APD - Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.12. The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate 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%. The firm's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $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. As a group, research analysts forecast that Air Products and Chemicals, Inc. will post 12.69 EPS for the current year.

Air Products and Chemicals Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 11th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $1.81 per share. 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 2.4%. The ex-dividend date of this dividend is Wednesday, April 1st. Air Products and Chemicals's payout ratio is presently -479.47%.

Insider Buying and Selling 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 that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total transaction of $19,944,436.75. Following the completion of the sale, the director owned 93,499 shares of the company's stock, valued at approximately $26,573,350.79. The trade was a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.88% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, March 9th. UBS Group lifted their price target on Air Products and Chemicals from $285.00 to $307.00 and gave the stock a "neutral" rating in a research report on Thursday. Jefferies Financial Group lifted their price target on Air Products and Chemicals from $300.00 to $313.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. Argus dropped their price target on Air Products and Chemicals from $317.00 to $265.00 and set a "buy" rating for the company in a research report on Thursday, December 11th. Finally, Wall Street Zen upgraded Air Products and Chemicals from a "sell" rating to a "hold" rating in a research report on Saturday, January 31st. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $302.18.

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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