Iowa State Bank Buys 4,000 Shares of Air Products and Chemicals, Inc. $APD

Key Points

• Iowa State Bank purchased 4,000 shares of Air Products and Chemicals in the third quarter, valued at approximately $1.11 million. Institutional investors collectively own 81.66% of the company, with several other firms also increasing their positions.
• Air Products reported quarterly EPS of $3.47, exceeding estimates of $3.34, while revenue rose 4.6% year over year to $3.16 billion but fell short of expectations. The company reaffirmed fiscal 2026 EPS guidance of $13.39–$13.49.
• The company declared a quarterly dividend of $1.81 per share, equivalent to $7.24 annually and a 2.6% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $334.69, above the reported share price of $282.21.

Iowa State Bank purchased a new position in shares of Air Products and Chemicals, Inc. (NYSE:APD - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,000 shares of the basic materials company's stock, valued at approximately $1,113,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Legacy Private Trust Co. raised its position in Air Products and Chemicals by 1,319.7% in the third quarter. Legacy Private Trust Co. now owns 43,217 shares of the basic materials company's stock valued at $11,779,000 after purchasing an additional 40,173 shares during the period. Rosenberg Matthew Hamilton boosted its position in shares of Air Products and Chemicals by 252.3% in the third quarter. Rosenberg Matthew Hamilton now owns 2,540 shares of the basic materials company's stock worth $696,000 after buying an additional 1,819 shares during the period. Acima Private Wealth LLC grew its stake in shares of Air Products and Chemicals by 244.7% in the third quarter. Acima Private Wealth LLC now owns 5,171 shares of the basic materials company's stock valued at $1,416,000 after buying an additional 3,671 shares in the last quarter. Olistico Wealth LLC grew its stake in shares of Air Products and Chemicals by 270.5% in the third quarter. Olistico Wealth LLC now owns 741 shares of the basic materials company's stock valued at $203,000 after buying an additional 541 shares in the last quarter. Finally, Park National Corp OH raised its holdings in shares of Air Products and Chemicals by 66.7% during the 3rd quarter. Park National Corp OH now owns 24,538 shares of the basic materials company's stock valued at $6,761,000 after buying an additional 9,817 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Air Products and Chemicals Stock Up 1.0%

Shares of Air Products and Chemicals stock traded up $2.76 on Tuesday, hitting $282.21. 266,223 shares of the company's stock traded hands, compared to its average volume of 1,286,668. Air Products and Chemicals, Inc. has a 52-week low of $229.11 and a 52-week high of $314.87. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The stock has a market cap of $62.84 billion, a P/E ratio of -1,282.77, a PEG ratio of 2.61 and a beta of 0.76. The firm's 50-day moving average is $295.61 and its 200 day moving average is $293.30.

Air Products and Chemicals (NYSE:APD - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.20 billion. During the same quarter in the previous year, the firm earned $3.09 earnings per share. The business's revenue was up 4.6% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. Equities analysts anticipate that Air Products and Chemicals, Inc. will post 13.46 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Thursday, October 1st will be paid a $1.81 dividend. This represents a $7.24 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, October 1st. Air Products and Chemicals's dividend payout ratio is -3,290.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Royal Bank Of Canada upped their price target on Air Products and Chemicals from $358.00 to $360.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Argus boosted their target price on shares of Air Products and Chemicals from $316.00 to $329.00 and gave the stock a "buy" rating in a research report on Wednesday, September 9th. Evercore reaffirmed an "outperform" rating and set a $342.00 price target on shares of Air Products and Chemicals in a report on Friday, July 10th. KeyCorp began coverage on shares of Air Products and Chemicals in a research note on Thursday, September 10th. They set a "sector weight" rating on the stock. Finally, Citigroup upped their price objective on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Air Products and Chemicals has a consensus rating of "Moderate Buy" and a consensus price target of $334.69.

Air Products and Chemicals Company Profile

Air Products and Chemicals, Inc is a global industrial gases and related equipment company headquartered in Allentown, Pennsylvania. The company supplies atmospheric gases such as oxygen, nitrogen and argon, as well as process and specialty gases including hydrogen, helium, carbon dioxide and syngas.

Air Products serves customers in a range of industries, including refining, chemicals, metals, electronics, manufacturing, food and beverage, healthcare and energy. Its offerings include gases delivered through pipelines, bulk and packaged distribution, and on-site production systems, along with gas-processing equipment and technologies used in applications such as hydrogen production, natural gas liquefaction and carbon capture.

Founded in 1940, Air Products operates across North America, Europe, the Middle East, Asia and other international markets.

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