Horizon Investments LLC Purchases 6,556 Shares of Air Products and Chemicals, Inc. $APD

Key Points

• Horizon Investments LLC increased its stake in Air Products by 64.8%, buying 6,556 shares to hold 16,677 shares valued at about $4.09 million, while institutional investors own roughly 81.66% of the company.
• Air Products beat Q2 estimates with adjusted EPS of $3.20 (vs. $3.06 consensus) and revenue of $3.17B, and raised FY2026 adjusted EPS guidance to $13.00–$13.25.
• The company declared a quarterly dividend of $1.81 per share (annualized $7.24, ~2.4% yield), with an ex‑dividend date of July 1 and payment on August 10.

Horizon Investments LLC lifted its position in Air Products and Chemicals, Inc. (NYSE:APD - Free Report) by 64.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,677 shares of the basic materials company's stock after buying an additional 6,556 shares during the period. Horizon Investments LLC's holdings in Air Products and Chemicals were worth $4,090,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Holos Integrated Wealth LLC acquired a new position in Air Products and Chemicals in the 4th quarter worth $25,000. Richardson Financial Services Inc. boosted its stake in Air Products and Chemicals by 3,233.3% in the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company's stock worth $25,000 after purchasing an additional 97 shares during the period. Financial Life Planners acquired a new position in Air Products and Chemicals in the 3rd quarter worth $30,000. Caitlin John LLC acquired a new position in Air Products and Chemicals in the 3rd quarter worth $30,000. Finally, Cloud Capital Management LLC acquired a new position in Air Products and Chemicals in the 3rd quarter worth $34,000. Institutional investors own 81.66% of the company's stock.

Air Products and Chemicals Trading Up 0.0%

Air Products and Chemicals stock opened at $301.11 on Monday. The firm has a 50-day moving average of $288.71 and a 200-day moving average of $269.07. Air Products and Chemicals, Inc. has a one year low of $229.11 and a one year high of $307.29. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.43 and a quick ratio of 1.21. The company has a market cap of $67.05 billion, a price-to-earnings ratio of 31.86, a P/E/G ratio of 2.81 and a beta of 0.77.

Air Products and Chemicals (NYSE:APD - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $3.20 EPS for the quarter, topping analysts' consensus estimates of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.07 billion. During the same period in the prior year, the business posted $2.69 EPS. The company's quarterly revenue was up 8.8% on a year-over-year basis. 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. On average, equities analysts expect that Air Products and Chemicals, Inc. will post 13.11 earnings per share for the current fiscal year.

Air Products and Chemicals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid 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 is Wednesday, July 1st. Air Products and Chemicals's dividend payout ratio is currently -479.47%.

Key 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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. UBS Group upped their target price on shares of Air Products and Chemicals from $307.00 to $316.00 and gave the stock a "neutral" rating in a research note on Friday. Jefferies Financial Group upped their target price on shares of Air Products and Chemicals from $300.00 to $313.00 and gave the stock a "buy" rating in a research note on Monday, February 2nd. Weiss Ratings raised shares of Air Products and Chemicals from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, March 9th. Citigroup upped their target price on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the stock a "neutral" rating in a research note on Monday, April 13th. Finally, Berenberg Bank set a $350.00 target price on shares of Air Products and Chemicals and gave the stock a "buy" rating in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $318.24.

Insider Activity at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of the stock in a transaction dated 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 transaction, the director directly owned 93,499 shares in the company, valued at $26,573,350.79. This 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 currently owned by corporate insiders.

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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